According to CoinDesk, U.S. Treasury Secretary Jane Bessent spoke at Ripple’s conference and stated that regulatory action by the SEC and CFTC could help address shortcomings from the Clarity Act while also preventing further restrictions on accessing cryptocurrency services.
Bessent emphasized that such action would serve to support the continued relevance of the U.S. dollar in global finance. She noted that the goal is not to promote specific technologies but to ensure appropriate regulatory frameworks exist where needed.
The reference to the Clarity Act indicates prior legislative efforts aimed at clarifying crypto regulatory standards, which Bessent acknowledged did not fully address current challenges. In particular, she highlighted concerns about practices leading to reduced access for individuals and institutions to cryptocurrency-related services — commonly referred to as “crypto debanking.”
Bessent’s remarks were made during a public session at Ripple’s conference in October 2026. No policy proposal or timeline was announced; the statement focused on regulatory pathways rather than technical solutions.
