SEC Chairman: Optimistic About Congressional Passage of the CLARITY Act
2026-07-28 22:15
Odaily Planet Daily News: Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated that he is optimistic about Congress passing the CLARITY Act. The SEC is assisting Congress in advancing the bill, including answering questions and providing technical assistance.
The CLARITY Act aims to establish a clearer regulatory framework for digital assets in the U.S. crypto market. The bill has passed the House of Representatives and is currently under consideration in the Senate.
Atkins stated that legislation is the way to ensure relevant rules have long-term applicability. If Congress fails to complete the legislation, the SEC is prepared to formulate rules addressing the market structure issues covered by the CLARITY Act and other crypto market matters.
The CLARITY Act aims to establish a clearer regulatory framework for digital assets in the U.S. crypto market. The bill has passed the House of Representatives and is currently under consideration in the Senate.
Atkins stated that legislation is the way to ensure relevant rules have long-term applicability. If Congress fails to complete the legislation, the SEC is prepared to formulate rules addressing the market structure issues covered by the CLARITY Act and other crypto market matters.
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