Bessent backs summer push for Clarity Act, says bitcoin reserve moving at ‘deliberate speed’
Hex37's read
- Treasury Secretary Scott Bessent backs a summer push for the Clarity Act.
- The department is establishing a strategic bitcoin reserve.
- The reserve is being developed at a 'deliberate speed'.
What it means for traders
- Government interest in a bitcoin reserve could signal long-term institutional adoption.
- The 'deliberate speed' suggests a cautious, phased approach to reserve implementation.
Affected markets
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