Bessent Pushes Bitcoin Reserve Forward at 'Prudent Pace,' Urges Senate Support for Clarity Act This Summer

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According to The Block, U.S. Treasury Secretary Scott Bessent told the Senate Finance Committee on June 4 that the government is advancing a strategic bitcoin reserve at a "prudent pace" and urged lawmakers to support the Clarity Act, aiming for passage this summer. Bessent stated that bringing U.S. best practices into the digital assets sector is necessary to position America as a global innovation leader.
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