SEC · CLARITY Act · Wall Street · US Congress · Bitcoin Magazine
‘Crypto Capital of the World’: SEC Chair Expects Clarity Act to Pass This Month
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Securities and Exchange Commission Chair Paul Atkins has been pushing ahead with crypto regulation despite a delay in a vote on the Clarity Act.
Key facts
- Securities and Exchange Commission Chair Paul Atkins has been pushing ahead with crypto regulation despite a delay in a vote on the Clarity Act
- Despite a vote on the Clarity Act being delayed, regulators like the SEC and Commodity Futures Trading Commission have said they will still proceed with trying to shape crypto policy
- Wall Street’s top regulator has said that he expects the long-awaited Clarity Act will get passed this month and the U.S. will be on track to be the “crypto capital of the world
- Speaking to Fox Business on Tuesday, Securities and Exchange Chairman Paul Atkins confirmed that the regulator was pushing ahead with rules to help the crypto industry
Summary
Wall Street’s top regulator has said that he expects the long-awaited Clarity Act will get passed this month and the U.S. will be on track to be the “crypto capital of the world.” Speaking to Fox Business on Tuesday, Securities and Exchange Chairman Paul Atkins confirmed that the regulator was pushing ahead with rules to help the crypto industry. Pro-crypto lawmakers had hoped to pass the Clarity Act before Congress broke for August recess, but the vote slipped to September. “The Clarity Act will be voted on in the Senate on the 15th of September,” Atkins said.