The Securities and Exchange Commission (SEC) Chairman Paul Atkins has reiterated his support for the CLARITY Act, emphasizing the need for clear rules in digital asset markets. The bill, which aims to provide regulatory clarity for cryptocurrencies, has been passed by the House but is facing a contentious debate in the Senate.
Atkins' statement comes as the White House expresses frustration over legislative delays, with some lawmakers suggesting that the issue of third-party platform rewards can be resolved outside of holding up the broader market structure bill. The SEC boss has noted his intention to work closely with the Commodity Futures Trading Commission on the landmark crypto legislation.