[U.S. Treasury Secretary Bessent: Banking and Crypto Sectors May Eventually Launch Similar Products] Golden Finance reports that U.S. Treasury Secretary Scott Bessent told Congress that traditional banking and financial products and services in the crypto sector may achieve deeper integration in the future. On Thursday, Bessent attended a Senate Banking Committee hearing, where Republican Senator Cynthia Lummis asked whether traditional banking and the crypto sector might launch similar financial products in the future. Bessent responded: 'I believe that, given time, this vision will eventually be realized. In fact, we are working with small banks and community banks to explore feasible ways for them to participate in this digital asset revolution.' Bessent emphasized that without clear regulatory rules for the crypto industry, such developments would be 'out of the question,' and he urged the crypto industry to support the crypto market structure legislation currently under congressional review, known as the 'CLARITY Act.' He stated: 'We must push for the implementation of the CLARITY Act. Any market participants opposing this legislation are welcome to develop their businesses in El Salvador.' Bessent added: 'We need to introduce safe, sound, and prudent operational standards and regulatory frameworks from the U.S. government into the crypto industry, while also preserving the industry's inherent freedom to innovate. I believe all parties are currently working to strike a balance between these two aspects.'