ME News reports that on September 2 (UTC+8), Nate Geraci, President of ETF Store, stated that the U.S. SEC has again signaled it will not wait for the Clarity Act to pass before advancing regulations for the crypto industry, effectively urging Congress to accelerate its actions. Geraci cited perspectives suggesting that, as technology evolves and market competition shifts, effective governance requires reassessing existing rules and regulatory frameworks. (Source: ODAILY)
SEC Actively Advancing Crypto Regulation Without Waiting for the Clarifying Act
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Summary
The SEC is proceeding with crypto regulations even as the Clarity Act remains stalled. ETF Store’s Nate Geraci cited MetaEra as an example, highlighting how regulators are advancing to meet demands in liquidity and crypto markets. Geraci added that evolving technology and competition necessitate updated governance. Meanwhile, agencies are also aligning certain efforts with CFT (Countering the Financing of Terrorism) guidelines, reflecting a broader policy initiative.
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