✨US Treasury Secretary Scott Bessent, in a statement on CNBC, said that a significant cause of volatility in the crypto market is regulatory uncertainty and called on Congress to quickly pass the critical crypto bill.

According to Bessent, the adoption of the "Clarity Act," a bill being debated in the US that aims to create a comprehensive regulatory framework for digital assets, could increase confidence in the crypto market and help prices recover. In the CNBC interview, Bessent gave the following message:
"Providing clarity about this law could bring great relief to the market."
🔥The critical regulation the market is waiting for
The Clarity Act, being debated in the US Congress, is seen as a long-awaited "market structure law" for the crypto market. The bill aims to clarify which institution will regulate digital assets and what rules crypto companies will be subject to. Bessent also noted that some of the recent sharp declines in the crypto market stemmed from regulatory disagreements within the sector.
🕵️ In the crypto market, which has experienced high volatility in recent months, many investors see the establishment of a clear regulatory framework in the US as a new catalyst for Bitcoin's rise. According to experts, the passage of the bill could:
accelerate institutional capital inflows
reduce regulatory risks
restore confidence in the crypto market.
For this reason, Bessent emphasized that the bill "should go to the President's desk as soon as possible."
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