CCI Unfazed by Clarity Act Delay: Regulatory Certainty Still a Top Priority

The Crypto Council for Innovation (CCI) remains committed to pushing for regulatory clarity in the crypto industry, despite the U.S. Senate's decision to postpone a vote on the Clarity Act until September.

Crypto Council for Innovation CEO Ji Kim emphasized that the delay will not derail the industry's push for clearer regulations, stating 'our efforts will not stop here.'

The Clarity Act aims to define which federal agency, the SEC or the CFTC, has jurisdiction over digital assets, a long-standing ambiguity that has created compliance headaches for crypto firms.

Kim noted that the delay is procedural and does not signal a loss of momentum; rather, it provides additional time for lawmakers to refine the bill and for industry stakeholders to engage in further dialogue.