Crypto

Treasury Secretary Bessent Slams Crypto Industry ‘Nihilists’ as Clarity Act Remains in Limbo

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In brief

  • Treasury Secretary Scott Bessent criticized some crypto leaders as “nihilists” for resisting the stalled Clarity Act.
  • The bill remains stuck over disputes about stablecoin yield and President Donald Trump’s personal crypto ventures.
  • With midterms approaching, lawmakers warn that…

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