CLARITY Act Gains Powerful SEC Support
SEC Chairman Paul Atkins publicly endorsed the CLARITY Act on July 28, signaling the agency’s commitment to finally define clear rules for the U.S. crypto market. The bill, already passed by the House, now awaits Senate approval. Atkins pledged technical assistance to lawmakers, underscoring the urgency of establishing a comprehensive supervisory framework.
The SEC’s backing removes a major political hurdle, giving investors and platforms the regulatory predictability they have long demanded. If the Senate stalls, the SEC has indicated it will proceed with its own rulemaking—a fallback that could still bring much-needed clarity. For crypto firms, the message is unequivocal: the United States is preparing to codify its stance, potentially curbing regulatory arbitrage and attracting more institutional capital.
Log in to Reply
Log in to comment your thoughtsComments
Related Articles