Paul Atkins Says CLARITY Act Passage Crucial to SEC's New Crypto Rules, Stresses Importance of 'Statutory Grounding'
SEC Chair Paul Atkins said on Wednesday, Sept. 2, that the agency's new cryptocurrency regulation proposal aligns with the agency’s belief that the CLARITY Act will be enacted into law.
The head of the SEC thinks new crypto rules need Congress to pass a law called the CLARITY Act first, so everyone knows the clear rules. When leaders say they need new laws before making big changes, it can mean the rules might take longer to happen.
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