U.S. Securities and Exchange Commission Chair Paul Atkins said the agency will continue pushing for a comprehensive crypto market structure even after setbacks in Washington and changes in leadership. His remarks came after the Digital Asset Market Clarity Act failed to clear the Senate’s 60-vote procedural threshold on Sept. 15, a result that shifted attention away from near-term legislation and toward what federal regulators can do under existing authority.
During Atkins’ tenure, the SEC in September announced temporary regulatory exemptions that eased some trading activity tied to tokenized stocks. The update also comes alongside a personnel change at the White House crypto committee: executive director Patrick Witt has left his post after previously taking part in negotiations over the CLARITY Act. Together, those developments show that while the legislative track has stalled, U.S. regulators are still moving on crypto oversight through agency action already available to them.
U.S. Securities and Exchange Commission Chair Paul Atkins said the SEC will keep moving ahead with a comprehensive crypto market structure framework despite legislative setbacks in Washington and changes in leadership.
Earlier, the Digital Asset Market Clarity Act failed to pass the Senate’s 60-vote procedural threshold on Sept. 15. After that setback, the policy focus shifted to federal regulators using their existing authority to provide greater regulatory clarity.
During Atkins’ tenure, the SEC announced temporary regulatory exemptions in September that eased some trading activity involving tokenized stocks. Separately, Patrick Witt, executive director of the White House crypto committee, has left his role. He had previously participated in negotiations over the CLARITY Act.
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