US Treasury Secretary Signals Progress on Bitcoin Reserve, CLARITY Act

US Treasury Secretary Signals Progress on Bitcoin Reserve, CLARITY Act

N
News Editor
2026-06-03 21:53:00
Treasury Secretary Scott Bessent says the department is proceeding with 'all deliberate speed' on an executive order for a national Bitcoin reserve, while the CLARITY Act advances in Congress.
US TreasuryScott BessentBitcoin reserveCLARITY Actexecutive order

US Treasury Secretary Scott Bessent said the department is proceeding "with all deliberate speed" on a 2025 executive order by former President Trump to create a national Bitcoin strategic reserve and digital asset stockpile.

US Treasury Secretary Signals Progress on Bitcoin Reserve, CLARITY Act 2

The order, a key part of Trump's crypto agenda, directs agencies to build a government-held Bitcoin reserve. Bessent noted interagency work has begun to ensure compliance and security. No firm timeline was given, but the phrasing suggests steady progress.

On Capitol Hill, the CLARITY Act is advancing, aiming to provide legal definitions and regulatory clarity for digital assets. Together, these actions show both branches moving to shape U.S. crypto policy.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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