SEC Chair Aligns Crypto Taxonomy Guidance with CLARITY Act Framework
SEC Chair Paul Atkins announced plans to develop formal guidance on token classification, aligning with the anticipated CLARITY Act. Regulatory certainty for digital assets is overdue, and a federal framework WOULD provide clarity for investors and innovators.
Atkins emphasized bipartisan legislation as the most effective way to future-proof regulations. The SEC will collaborate with the CFTC through Project Crypto to bridge the gap until legislation is enacted.