Peirce Expects Clarity Act Passage, Vows SEC Reform Efforts Will Continue

SEC Commissioner Hester Peirce expressed her confidence that the CLARITY Act will pass, paving the way for digital-asset regulatory reform. The bill aims to provide a clearer framework for the industry and reduce long-term regulatory uncertainty.

In an interview, Peirce stated that even if the legislation does not pass, the SEC will continue to pursue digital-asset regulatory reform. She emphasized the need for a well-defined market structure to boost US competitiveness in digital assets.

Pierce believes that a clearer regulatory framework and defined market structure are crucial for the growth of the industry. This would reduce uncertainty and make it easier for businesses to operate within the US.