SEC Chair Atkins: Crypto Regulation Will Advance Regardless of Whether the CLARITY Act Passes

Odaily reports: SEC Chair Paul Atkins stated at a Solana Policy Institute event that Congress should vote to advance the CLARITY Act and send it to the President for signature as soon as possible, but regardless of whether the bill ultimately passes, the SEC will continue to push forward its crypto regulatory agenda.

Atkins said the SEC will focus on three priorities under the "Project Crypto" framework, including Regulation Crypto Assets (Reg CA), reforming transfer agent rules to incorporate blockchain into the digital ownership registration system, and establishing crypto asset custody rules for investment advisers and regulated funds. He described these three initiatives as the "three pillars" for building a regulatory framework for the issuance, transfer, and custody of digital assets in the United States. (CoinDesk)