SEC Chair Paul Atkins has called for legislative action to establish a permanent framework for cryptocurrency policies. Speaking before the U.S. Senate Banking Committee on February 13, Atkins emphasized the need for a solid legal foundation to prevent future regulatory backsliding. While the SEC is working on transitional rules, Atkins highlighted that lasting policy requires congressional action.
The hearing also featured comments from Senator Mark Warner, a key Democratic negotiator, who expressed optimism about advancing the Cryptocurrency Market Structure Act, also known as the CLARITY Act. Despite intermittent progress, Warner remains hopeful that the legislative effort will continue.
SEC Chair Urges Legislation for Permanent Crypto Policy Framework
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
