The U.S. Treasury Secretary stated that the Treasury Department is steadily advancing its strategic Bitcoin reserves and is pushing for the passage of Clarity Ac this summer

U.S. Treasury Secretary Scott Bessent stated at a Senate Finance Committee hearing that the Treasury is steadily advancing the establishment of a strategic Bitcoin reserve. At the same time, Scott Bessent urged lawmakers to support the digital asset regulatory bill Clarity Act and expressed hope that the bill could pass this summer to bring the best practices of the U.S. to the domestic market, making the U.S. a global hub of innovation. Regarding the strategic Bitcoin reserve, Scott Bessent pointed out that while the process is complex, it is moving forward, ensuring that best practices are adopted during this complex process for sustainability in the future.