SEC Chairman: Optimistic About Congress Passing 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 already passed the House of Representatives and is currently under review in the Senate.
Atkins stated that legislation is the way to ensure long-term applicability of relevant rules. If Congress fails to complete the legislative process, the SEC is prepared to draft rules addressing the market structure issues covered by the CLARITY Act and other matters related to the crypto market.
The CLARITY Act aims to establish a clearer regulatory framework for digital assets in the U.S. crypto market. The bill has already passed the House of Representatives and is currently under review in the Senate.
Atkins stated that legislation is the way to ensure long-term applicability of relevant rules. If Congress fails to complete the legislative process, the SEC is prepared to draft rules addressing the market structure issues covered by the CLARITY Act and other matters related to the crypto market.
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