Crypto
US Crypto Rules on Track to Pass This Month
US regulators are pushing ahead with rules to help the crypto industry, and SEC Chair Paul Atkins expects the Clarity Act to be passed this month. The bill will establish a framework for distinguishing between digital assets that are securities, commodities or stablecoins.
Atkins said 'The Regulation Crypto Assets proposal is our most historic step yet to cement America as the Crypto Capital of the World.'
The SEC and Commodity Futures Trading Commission have been trying to shape crypto policy despite a delay in the Clarity Act's vote. The bill was passed by the House of Representatives last year but has been stuck due to disagreements between lawmakers, banks, and crypto businesses.