Crypto Rallies as Bessent Talks Up the Clarity Act; Polymarket Still Puts Odds Below a Coin Flip
Treasury Secretary Scott Bessent urges Congress to pass the crypto bill before August recess. Democrats demand rules preventing officials from profiting off crypto.
A government leader wants lawmakers to pass a new crypto rule book soon, which could make crypto companies more sure about what they're allowed to do. People watching crypto stocks should notice whether new rules actually get passed, since clear rules can help companies plan better—but nothing is decided yet.
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