SEC’s Atkins Vows to Push Crypto Rules After CLARITY Act Senate Setback

SEC Chairman Paul Atkins said the agency will press ahead with crypto rules after the Senate blocked the CLARITY Act from advancing on September 15. 

Atkins said in an X post Wednesday that the SEC would use its existing legal authority to provide more certainty for investors and crypto companies. The Senate voted 49-50 on the procedural motion, falling short of the 60 votes needed to advance the bill.

SEC Keeps Crypto Rulemaking Moving

The SEC had already begun developing its own crypto framework before the Senate vote. In August, the a…

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