SEC Ready to Provide Crypto Rules if Clarity Act Flounders: Chair Atkins
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The Clarity Act, a bill aimed at providing regulatory clarity for the crypto industry, awaits a Senate floor vote after clearing the Senate Banking Committee in May, nearly a year after its passage in the House. SEC Chair Gensler's comments suggest the agency is prepared to issue its own rules if the bill stalls.
Passed by the House a year ago, the bill cleared Senate Banking in May and still awaits a floor vote.