U.S. Treasury Secretary Scott Besant stated that passing the *Clarity Act* (Digital Asset Market Clarity Act) would help boost Bitcoin prices. In an interview with CNBC, Besant mentioned that Bitcoin has always been highly volatile, but some of the current volatility is 'self-inflicted.' Some Democrats are looking to collaborate with Republicans to push the *Clarity Act*, but certain crypto companies are obstructing the legislation. Besant noted that during a period of historic sell-offs, clear progress on the *Clarity Act* would bring significant relief to the market and help restore confidence. There is still a lot of innovation surrounding the crypto industry, blockchain, and DeFi, and he hopes to advance the bill quickly and have it on the President's desk by this spring. (DL News) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56722