XRP Holders Cheer as Bessent Says Major Crypto Bill ‘On the 1-Yard Line’
9 Articles
9 Articles
XRP Holders Cheer as Bessent Says Major Crypto Bill ‘On the 1-Yard Line’
Treasury Secretary Bessent just told the Senate it is one play away from putting XRP's legal status to rest for good, but the vote math is razor-thin and the clock runs out in two weeks.
The Senate of the United States has on the table the vote of the Clarity Act, the law that promises to put order in the cryptocurrency market. After months of negotiation, the Treasury Secretary, Scott Bessent, has qualified the moment as “the 1 yard”, a metaphor of American football that amounts to being one step away from the goal line. The project has the support of President Trump and with a schedule so tight that the vote should take place …
Treasury Secretary Bessent Says CLARITY Act Is at the '1-Yard Line'
Scott Bessent has said that the CLARITY Act is at the “1-yard line” and urged Congress to pass it before recess, even as Senator Kirsten Gillibrand faces backlash from progressive groups over her role brokering the bill’s ethics provisions. A Bill ‘Almost There’ Bessent told Bloomberg that the digital asset market structure bill, formally the […]
Bitcoin Price Prediction: Bessent Says CLARITY Act At The One-Yard Line as BTC Eyes a Break Above $67,000
Treasury Secretary Bessent urged Congress to pass the CLARITY Act before recess, sending BTC above $67,000 and Coinbase up 12.6% Six consecutive days of spot ETF inflows totaled $930.39M with July 21’s $203.14M the strongest single session of the streak Analyst Ali Charts flagged $69,340 as the Short-Term Holder Realized Price where every rally since November has been rejected Bitcoin trades at $65,937 on July 22, pulling back after Treasury Sec…
Treasury Signals Final Push for ‘Clarity Act’ as U.S. Crypto Regulation Nears Decision
U.S. Treasury Secretary Scott Bessent said lawmakers are in the final stretch of negotiations on the ‘Clarity Act,’ a sweeping crypto market-structure bill that could reshape how digital assets are regulated in the United States, and urged Congress to pass it before the upcoming recess. According to Cointelegraph, Bessent told legislators that discussions have entered a last-stage coordination phase. The proposed legislation is designed to clari…
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