SEC and CFTC Move to Fill Regulatory Gap as CLARITY Act Hits Delay
The US cryptocurrency market is entering an important phase as regulators prepare to advance digital-asset policies while Congress struggles to move the CLARITY Act forward.
The Senate's decision to postpone consideration of the legislation until September has created a regulatory gap that the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) appear increasingly prepared to address through their own policy initiatives.
Strategy, a prominent corporate holder of Bitcoin, is reportedly preparing to resume its aggressive Bitcoin accumulation strategy after a seven-week pause, creating a potentially significant combination of regulatory and institutional developments for the crypto market.