Treasury Secy Calls for US Leadership in Crypto Regulation

During a congressional hearing, the US Treasury Secretary emphasized the nation’s role in shaping global cryptocurrency standards. He highlighted ongoing efforts to create a clear regulatory framework for cryptocurrencies and suggested that U.S. regulations could serve as benchmarks for international best practices. This stance coincides with heightened debate over how Congress should regulate the industry, particularly as the sector seeks clarity on legal frameworks and aims to boost global competitiveness.