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Reuters reported on February 13, 2026 that US Treasury Secretary Scott Bessent told CNBC Congress should deliver the digital asset rules bill to President Donald Trump for signature this spring.
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Bessent described the Clarity Act as legislation that would bring great comfort to the market during elevated volatility. He acknowledged resistance from parts of the crypto industry, while pointing to a bipartisan group eager to advance the bill. He warned this coalition could dissolve if Democrats gain House control in November.
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Senate floor time remains limited. Stablecoin yield rules remain the central debate, with White House economists estimating a $2.1 billion effect on bank lending if yields face restrictions. Bessent emphasized that continued uncertainty drives capital and innovation toward jurisdictions offering clearer frameworks.
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Passage this spring would establish the first federal digital asset framework in the US, deliver clear stablecoin issuer rules, and reduce uncertainty for institutional capital. During Bitcoin's test of the $82,228 two hundred day EMA, regulatory clarity would ease selling pressure and support risk appetite.
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If the spring window closes, the midterm calendar leaves limited opportunity for action. The stablecoin yield debate could intensify, and industry support could fragment. Bessent recently labeled resistant crypto leaders as nihilists, highlighting internal division.
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Bessent placed the decision squarely with Congress: pass Clarity this spring. This represents the final legislative opportunity before elections. Approval would reinforce US leadership in digital assets. Continued inaction would accelerate capital flows toward Europe and Asia.
For traders, the Senate calendar entry for Clarity serves as the key catalyst. A successful vote would support a push above $84,000 for Bitcoin and above $2,500 for Ethereum.
🕵️ DYOR.
#CLARITYActStalled
#GateSquareMayTradingShare