SEC Chair Atkins Signals Readiness on Crypto Rules and CLARITY Act
Paul Atkins called the proposed crypto framework the agency’s most historic step and said the SEC can move ahead under existing law if Congress does not act.
SEC Chair Paul Atkins described the agency’s proposed crypto framework as its most historic step yet toward making the United States the crypto capital of the world.
Coordination with legislation
The framework is designed to work with the CLARITY Act ahead of the bill’s scheduled Senate vote on September 15.
Agency authority if Congress stalls
Atkins stated the SEC believes it has authority under existing law to proceed with rulemaking if Congress does not act, though he said statutory grounding is preferred for durability because rules based only on agency authority can be reversed by a future commission.
Reshoring focus
The comments were framed as a reshoring effort to keep crypto innovation and capital formation inside the United States rather than offshore.
What remains unknown
The full text or detailed provisions of the proposed framework have not been disclosed. No confirmation of the vote outcome or final legislative text is available.