US SEC Chair Predicts CLARITY Act Passage This Month, Calls US 'Global Crypto Capital'

iconKuCoinFlash
Share
AI summary iconSummary
US SEC Chair Paul Atkins told Fox Business that the CLARITY Act is scheduled for a Senate vote on September 15 and is likely to pass soon. The bill aims to clarify cryptocurrency regulations and enhance CFTC compliance. Atkins stressed the need for updated rules to support liquidity and crypto markets. Both the SEC and CFTC remain focused on developing consistent cryptocurrency policies amid ongoing legislative efforts.

ME News reports that on September 3 (UTC+8), U.S. SEC Chair Paul Atkins, in an interview with Fox Business, stated that the CLARITY Act is expected to be voted on in the Senate on September 15, with the anticipated passage and subsequent submission to the President for signing. Atkins noted that the SEC continues to advance regulatory frameworks adapted to the era of blockchain and crypto assets. Although the CLARITY Act vote was previously delayed, the SEC and CFTC will continue to drive crypto policy development. (Source: ODAILY)

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.