SEC Chair: CLARITY Act expected to pass this month, making the U.S. the 'global crypto hub' Paul Atkins, Chair of the U.S. Securities and Exchange Commission (SEC), stated that the Senate is expected to vote on the Clarity Act for Crypto Markets on September 15. He hopes the bill will pass this month and be sent to the President for signing. Atkins mentioned that the SEC will continue to push for rules related to crypto asset custody and update regulatory frameworks that are outdated for the blockchain industry. The CLARITY Act was passed by the House last year, but it stalled this year due to disagreements between banking lobby groups, lawmakers, and crypto companies over platform revenue-sharing issues. Some legislators are also attempting to revise the ethical clauses in the bill. https://(x.com)/SECPaulSAtkins/status/2095234145626488912/video/1