Coinbase CEO Brian Armstrong retweeted a post from US Treasury Secretary Scott Bessent, urging the Senate to continue advancing the CLARITY Act after the August recess. The bill aims to establish a comprehensive regulatory framework for digital assets and enhance the US's ability to prevent bad actors from exploiting these critical technologies. Bessent warned that failure to advance the bill would send a "disturbing signal" to allies and adversaries, indicating that the US is unwilling to lead in the future of digital assets and is abandoning efforts to strengthen national security tools to combat their misuse.