Scott Bessent, Treasury Secretary, referenced Satoshi Nakamoto in a bid to break a deadlock among Senate Democrats over the CLARITY Act. The bill aims to provide clearer crypto regulations, but opposition threatens to push meaningful progress into 2027.
The Senate is heading into its August recess, and with lawmakers divided, the CLARITY Act risks fading away as a key moment in shaping the future of crypto policy slips out of reach. Bessent’s invocation of Bitcoin’s pseudonymous creator is a pointed reminder of the original vision behind digital currencies at a time when legislative momentum is stalling.
