[U.S. Treasury Secretary Bessent Criticizes Coinbase's Opposition to the CLARITY Act, Calling It a 'Stubborn Participant'] BlockBeats News, February 10 – U.S. Treasury Secretary Scott Bessent recently criticized Coinbase on Fox News, calling it a 'stubborn participant' for opposing the CLARITY Act. Bessent repeatedly emphasized the necessity of passing the CLARITY Act during last week's Senate Banking Committee hearing and used strong language against opponents. It is reported that the CLARITY Act aims to clarify the division of regulatory responsibilities for crypto assets, with the SEC and CFTC overseeing different areas. However, Coinbase is concerned that it may restrict business models such as stablecoin rewards, leading to divisions within the industry.