SEC Chair Paul Atkins urges Congress to pass Clarity Act and send it to Trump’s desk
Crypto Briefing
SEC Chair Paul Atkins is calling on Congress to pass the CLARITY Act to establish clear regulatory oversight for digital assets.Summary
SEC Chair Paul Atkins has publicly urged Congress to pass the CLARITY Act (H.R. 3633) and send it to President Trump for signature. The legislation aims to resolve regulatory uncertainty by delineating jurisdiction: the SEC will oversee tokens functioning as securities, while the CFTC will regulate most blockchain-native tokens as commodities. The bill, which passed the House with bipartisan support in 2025, includes provisions for DeFi protections and a compromise on stablecoin yield mechanisms. While supporters believe the Act will enable banks to offer new crypto-related services, critics have raised concerns regarding increased compliance costs and potential surveillance measures.
(Source：Crypto Briefing)