SEC's Atkins Backs CLARITY Act, Says Crypto Reform Will Proceed Even Without It

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Paul Atkins, chair of the U.S. Securities and Exchange Commission, said he supports congressional passage of the CLARITY Act but will continue pursuing digital-asset regulatory reform regardless of whether the bill passes.

Atkins made the remarks at a Solana Policy Institute event in Washington, CoinDesk reported on September 14. He said Congress should vote to advance the CLARITY Act and send it to the president as quickly as possible.

He also made clear that congressional legislation is not a precondition for the SEC's policy push. "To be clear, with or without that legislation, this administration will pursue policies for American investors and technology innovators," he said.

The SEC is currently overhauling its digital-asset regulatory framework under Project Crypto. Atkins said the agency is pursuing three core tasks to build a regime covering the issuance, transfer and custody of digital assets.