U.S. Securities and Exchange Commission Commissioner Hester Peirce said she remains optimistic that Congress could pass the CLARITY Act, but stressed that the agency can still move ahead on crypto regulation even if the bill does not become law. Peirce said the SEC intends to keep advancing related work regardless of the legislation’s outcome and argued that regulators still have substantial room to shape a digital asset regulatory framework on their own. She has repeatedly called for clearer rules for crypto assets, saying a more defined market structure would help the United States stay competitive in digital assets while reducing the long-running uncertainty faced by the industry. The remarks were cited by BitcoinArchive.
U.S. Securities and Exchange Commission Commissioner Hester Peirce said she remains optimistic that Congress will pass the CLARITY Act, while adding that regulators can still do a great deal even if the bill fails to clear.
Peirce said the SEC will continue to push related work forward. Regardless of whether the legislation passes, the agency will keep trying to advance its efforts. Even if the CLARITY Act does not take effect, she said regulators still have broad room to keep building a regulatory framework for digital assets.
Peirce has previously called on policymakers to establish clearer rules for crypto assets. In her view, a more defined market structure would help the United States maintain competitiveness in the digital asset sector and reduce the prolonged uncertainty that the industry has faced.
The remarks were cited by BitcoinArchive.
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