Clarity Act To Make US The ‘Global Crypto Capital,’ Senator Tim Scott Says
Posted On February 5, 2026
Senator Tim Scott (R-SC) on Wednesday said bipartisan momentum is building behind U.S. crypto market structure legislation, positioning America to become the world’s leading center for digital assets.
‘Crypto Capital’ Of The World
In a Fox Business interview, Scott said the Senate’s Clarity Act is advancing after what he described as a constructive White House meeting involving banks and crypto industry leaders.
He expressed confidence the bill will pass, though negotiations continue around a key sticking point: whether crypto firms, particularly stablecoin issuers, should be allowed to offer rewards or yield.
Scott said both parties remain engaged and committed to resolving …
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