SEC Set to Propose New Crypto Rules Despite Congressional Gridlock

Crypto expert Levi Rietveld highlights remarks from SEC Chair Paul Atkins on regulatory developments. Atkins expressed optimism about the CLARITY Act, stating 'I have confidence that Congress will adopt the CLARITY Act' and connect it to America's competitive standing.

The SEC is moving forward with crypto regulation, with or without Congress, and has scheduled an open meeting for Friday, August 14. The sole agenda item is proposing new rules creating a tailored offering regime for crypto investment contracts.

XRP holders are watching closely as the SEC works to build a regulatory structure that supports crypto markets. Clearer rules on custody, tokenized securities trading, and fundraising pathways will strengthen the legal environment surrounding assets like XRP.