TLDRScott Bessent urged the Senate to move the Clarity Act without delay.Paul Atkins said the SEC and CFTC would be ready once Congress acts.David Sacks said the bill would create rules for digital assets.The bill would define oversight lines between the SEC and CFTC.Bessent said unclear U.S. rules had pushed crypto activity to other countries.Washington pressed ahead with a call for Senate action on crypto legislation this week. Treasury Secretary Scott Bessent, SEC Chair Paul Atkins, and David Sacks urged Congress to move. They said lawmakers should pass the bill now and send it to President Trump.The measure would draw lines between SEC and CFTC authority over digital assets. It would set rules for platforms, token status, fraud controls, and money-laundering compliance.Bessent, Sacks, and Atkins Press Senate for ActionBessent used social media and a Wall Street Journal piece to press the Senate. He said Congress had debated a framework for years and should act.Congress has spent the better part of half a decade trying to pass a framework to onshore the future of finance.It is time for @BankingGOP to hold a markup and send the CLARITY Act to President Trump’s desk.Senate time is precious, and now is the time to act.— Treasury Secretary Scott Bessent (@SecScottBessent) April 9, 2026“Senate time is precious, and now is the time to act,” Bessent wrote. He said the United States should “onshore the future of finance” through law.Sacks backed the message on X and called for a vote on market structure. He said the bill would create “rules of the road” for digital assets.Sacks added that Senate Banking should act, and then the Senate should pass it. He said he expects Congress to deliver the measure for Trump’s signature.Atkins pushed Congress to move and said agencies were preparing for the bill. He wrote that the SEC and CFTC would be ready once Congress acts.“It’s time for Congress to future-proof against rogue regulators,” Atkins wrote on X. He paired that message with support for market structure legislation.Project Crypto is designed so once Congress acts, @SECGov & @CFTC are ready to implement the CLARITY Act.@SecScottBessent is right. It's time for Congress to future-proof against rogue regulators & advance comprehensive market structure legislation to President Trump's desk. https://t.co/XVqW5aLo3Z— Paul Atkins (@SECPaulSAtkins) April 9, 2026Crypto Market Structure Bill Sets out Federal OversightIn his opinion piece, Bessent said unclear rules had sent crypto activity overseas. He named Abu Dhabi and Singapore as places attracting businesses and capital.He said developers and investors face uncertainty over registration, compliance, and enforcement. He argued that nations with clear rules attract innovation, while uncertain markets lose projects.“The Clarity Act would restore confidence,” Bessent wrote in the article. He said digital-asset firms could build and grow inside the United States.The bill follows last year’s Genius Act, which set a framework for dollar-backed stablecoins. Supporters describe the new measure as the next step for broader digital-asset rules.The proposed law covers tokenized securities, decentralized exchanges, and blockchain settlement systems. It also outlines operating paths for trading venues under federal oversight.Backers say the bill would reduce uncertainty and improve investor protections through standards. They also say the measure could keep jobs and tax revenue in the country.Bessent said the United States became a financial center by leading through technological change. He said passing the bill would place future finance on American rails and dollars.The post Senate Faces Renewed Push on U.S. Crypto Market Rules Bill appeared first on Blockonomi.