Bessent Urges Swift Passage of Clarity Act, Says US Must Be Digital-Asset Hub

US Treasury Secretary Scott Bessent urged Congress to quickly pass the Clarity Act, a digital-asset market structure bill. He also reaffirmed his opposition to a central bank digital currency, or CBDC.

Bessent told Bitcoin Magazine on May 29 that the most important thing the US can do is bring digital assets to the country. “We need to make America the home for digital assets,” he said.

He also urged the House and Senate to finish work on the Clarity Act. The bill is intended to clarify market structure and regulatory jurisdiction for digital assets in the US.

Bessent also rejected a CBDC. “There will be no central bank digital currency,” he said. “I think that could be the first step toward tracking.”

As the US administration underscores support for the digital-asset industry while opposing a CBDC, attention remains on whether Washington will provide clearer rules and expand private-sector digital-asset infrastructure.