🏦 The SEC Isn’t Waiting for Congress 🏛️ The U.S. may begin regulating the crypto market through an alternative path. This coming Friday, the SEC is set to discuss establishing new rules for specific investment contracts tied to digital assets. A key component will be the so-called “tailored offering regime”—a regulatory framework specifically designed for the unique characteristics of the crypto market. Why does this matter? The CLARITY Act is stalled in the Senate, and the SEC is increasingly signaling that it has no intention of passively waiting for Congress. SEC Chair Paul Atkins has previously stated that the agency is prepared to act within its existing authority if the legislative process stalls again. At the same time, the SEC continues to officially support the passage of the CLARITY Act and declares that new regulations should be “future-proof” and support the U.S.’s ambition to remain the global hub for crypto markets. The CLARITY Act is not yet dead. Upon returning from its summer recess on September 14, the Senate is scheduled to resume debate-limiting procedures on the bill. However, several major hurdles remain: a Senate vote, re-approval by the House of Representatives, and the President’s signature. But the most important takeaway is broader: The absence of a law does not mean the absence of regulation. If Congress continues to delay the legislative process, the SEC may attempt to establish key parts of a new regulatory framework for crypto markets on its own. For the industry, this means that critical regulatory decisions in the 🇺🇸 could come sooner than the CLARITY Act’s timeline suggests. Stay tuned—upcoming SEC decisions could change the rules faster than you think. Watch closely so you don’t miss pivotal changes.