đŸ”„ BULLISH: the CLARITY Act setback may not stop U.S. crypto regulation from moving forward.

Former CFTC Chair Chris Giancarlo says the SEC and CFTC are still positioned to build the regulatory frameworks Congress failed to codify after the Senate vote. He told Eleanor Terrett that both agencies are determined to use their existing authority to support financial innovation and market modernization under U.S. law.

That matters because the Senate’s failure to advance the CLARITY Act created a major legislative setback — but not necessarily a regulatory dead end. Current SEC and CFTC leadership have already signaled that agency-level rulemaking can continue even without Congress.

So the bigger picture is:
Congress stalled.
Regulators didn’t.

Crypto clarity is still coming. 🚀

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