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SEC to address crypto regulations in absence of CLARITY passage

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The US securities regulator scheduled a meeting this week with the potential to step up on digital asset policies without congressional action.

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The US Securities and Exchange Commission (SEC) has announced a meeting to consider “new rules to create a tailored offering regime for certain investment contracts involving crypto assets.” According to the SEC’s agenda, the commission will hold an open meeting on Friday that has the potential to address policies and regulations affecting the crypto industry in the absence of action from the US Congress. SEC Chair Paul Atkins said before the recess that the agency was “ready, willing, and able to come out with rules“ on digital assets if the Senate failed to pass the CLARITY bill, but it’s unclear how much authority the commission has without congressional action. The bill still has the potential to be signed into law despite the setback last week.

Read full article at Cointelegraph →

#US Senate #SEC #CLARITY Act #US Congress