Hupzy (Spot On Chain)|Jul 30, 2026 19:02
๐จ SEC Chair Paul Atkins says the agency is ๐ฟ๐ฒ๐ฎ๐ฑ๐ ๐๐ผ ๐ถ๐๐๐๐ฒ crypto market rules if Congress fails to pass the CLARITY Act โ but stressed that agency rulemaking cannot replace a statute, and the market ultimately needs congressional legislation for lasting certainty.
Atkins expressed optimism about passage, noting the SEC is actively assisting Congress with technical support. The fallback commitment comes as prediction markets price just a ๐ฏ๐ณ% ๐ฐ๐ต๐ฎ๐ป๐ฐ๐ฒ of the bill passing this year.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: This is a meaningful de-risking signal โ even if CLARITY fails, the SEC has committed to filling the gap. But Atkins is explicit that agency rules are a fallback, not a substitute, so the regulatory overhang persists either way. With Treasury Secretary Bessent also pushing for a Senate vote, there's now both executive-branch and agency-level pressure for a legislative outcome. The 37% odds remain trackable on Polymarket.
source: CoinDesk
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