SEC Commissioner Hester Peirce says: Even if the “CLARITY Act” doesn’t pass, the SEC won’t stop moving forward on building a regulatory framework for crypto.

She remains optimistic about the bill’s passage, but emphasizes preparing on two fronts. If the legislation passes, there will still be a lot of rulemaking work ahead. Even if it doesn’t, it can still provide a framework for people who use crypto assets to raise financing.

In short, when it comes to the regulatory framework, they’re determined to push ahead.