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SEC Chair Atkins Reaffirms Push for Comprehensive Crypto Rules
SEC Chair Atkins reaffirms push for comprehensive crypto rules, signaling regulatory clarity.
Context
What happened: SEC Chairman Paul Atkins said the agency will keep pushing for a comprehensive crypto market structure in the U.S., praising outgoing White House Crypto
Why it matters: The statement comes as the CLARITY Act, which would clarify jurisdiction between the SEC and CFTC, stalled in the Senate, refocusing debate on regulators providing clarity through existing powers. Witt's exit marks another leadership change in the administration's digital assets team.
Key numbers: The CLARITY Act failed to reach the Senate on September 15, falling short of the 60-vote procedural threshold.
What changed
SEC Chairman Paul Atkins said the agency will keep pushing for a comprehensive crypto market structure in the U.S., praising outgoing White House Crypto
Why it matters
The statement comes as the CLARITY Act, which would clarify jurisdiction between the SEC and CFTC, stalled in the Senate, refocusing debate on regulators providing clarity through existing powers. Witt's exit marks another leadership change in the administration's digital assets team.
Key numbers: The CLARITY Act failed to reach the Senate on September 15, falling short of the 60-vote procedural threshold.