CLEAN : US Treasury secretary calls for improved cryptocurrency rules

The video discusses the growth of digital assets and the need for policy objectives to guide this growth. It highlights the importance of regulatory frameworks for financial firms involved in digital asset markets and the oversight required for digital intermediaries. The video also emphasizes the role of regulatory authorities in holding lawbreakers accountable and suggests policy recommendations to address any gaps. Finally, it stresses the need for continuous updates to the regulatory architecture to support U.S. economic competitiveness and maintain leadership in the global financial system.

What actions will be taken if individuals are found breaking the law in the context of digital assets?

How will updating the regulatory architecture support U.S. economic competitiveness?