U.S. Treasury Secretary Scott Bessent stated during a Senate Banking Committee hearing that some participants in the crypto industry are hindering progress in negotiations over digital asset market structure legislation, saying there is a group within the industry that prefers 'no regulation.' He emphasized that without passing the Digital Asset Market Clarity Act, the U.S. crypto industry will struggle to continue developing. He and Democratic Senator Mark Warner expressed similar frustrations. Bessent also pointed out that the stablecoin regulation bill, the GENIUS Act, provides a balanced framework for reference and expressed hope that the market structure bill can be passed this year. (CoinDesk) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56264