SEC Chair: Will Act Decisively to Provide Regulatory Clarity Regardless of Whether CLARITY Legislation Advances

Odaily News: U.S. SEC Chairman Paul Atkins stated that regardless of whether the relevant legislation advances, the SEC will take decisive action to provide a clear regulatory framework for American investors and entrepreneurs, adding, "Stay tuned."

The CLARITY Act previously stalled in the U.S. Senate, and CFTC Chairman Michael S. Selig also stated that he will use existing statutory authority to continue advancing crypto asset regulatory rulemaking.