🇺🇸 Even if the CLARITY Act fails, does the SEC have a backup plan? SEC Chair Paul Atkins, in an interview with CNBC, stated that if Congress fails to pass the CLARITY Act, the SEC will establish its own regulatory rules for the cryptocurrency market. “Legislation is the path to ensuring long-term stability; the market needs legal certainty to avoid regulatory frameworks changing with each administration.” He remains optimistic about Congress passing the bill and noted that the SEC is providing technical support.
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