CLARITY Act Supporter Argues that SEC, CFTC Crypto Rules Fall Short without Legislation
Oct 13 2026 21:00 UTC - Omar Faridi
➤ House Financial Services Committee Chairman French Hill argues that SEC and CFTC crypto regulations are insufficient without a legislative solution like the CLARITY Act.
➤ The CLARITY Act, which aims to define jurisdictional boundaries between the SEC and CFTC for digital assets, was blocked in the Senate, prompting agencies to act under existing authority.
➤ Hill emphasizes that only congressional legislation can provide the durable certainty needed for the U.S. to lead in digital assets, as agency rules are subject to change or legal challenges.
Read more at: https://rwatimes.io/articles/crowdfundinsider-clarity-act-supporter-argues-that-sec-cftc-crypto-rules-fall-short-without-legislation-3281242679?utm_source=binance
Oct 13 2026 21:00 UTC - Omar Faridi
➤ House Financial Services Committee Chairman French Hill argues that SEC and CFTC crypto regulations are insufficient without a legislative solution like the CLARITY Act.
➤ The CLARITY Act, which aims to define jurisdictional boundaries between the SEC and CFTC for digital assets, was blocked in the Senate, prompting agencies to act under existing authority.
➤ Hill emphasizes that only congressional legislation can provide the durable certainty needed for the U.S. to lead in digital assets, as agency rules are subject to change or legal challenges.
Read more at: https://rwatimes.io/articles/crowdfundinsider-clarity-act-supporter-argues-that-sec-cftc-crypto-rules-fall-short-without-legislation-3281242679?utm_source=binance