Crypto Industry Points to SEC and CFTC After CLARITY Setback
Trade groups and executives responded to the Senate blocking the CLARITY Act by pointing at agency rulemaking, saying the SEC and the CFTC can keep writing crypto rules without the bill. Several framed the loss as one of permanence, since a future agency chair can rewrite a rule and repealing a
First reported by The Defiant.
More from Policy
See all- Policy
After Congress killed its landmark crypto bill, the SEC unlocked the $77 trillion US stock market through tokenization
The US Securities and Exchange Commission (SEC) has opened a five-year pathway for regulated US stocks to trade on blockchain-native venues. The Innovation Exemption came two days after the Senate failed to advance the CLARITY Act, a broad crypto market-structure bill that sought to…
- Policy
Revolut Starts EURR Rollout With Bridge as Regulated Issuer
Revolut opens EURR to selected customers in three countries; Bridge reported €374 outstanding, compared with €394.5 million of Circle’s EURC.
- Policy
SEC Crypto Custody Rewrite Enters White House Review
The planned rule would cover advisers and investment companies and clarify digital-asset custody, following the withdrawal of a separate 2023 proposal.
- Policy
Blockworks Lets Exchanges Take Compliance Alerts Straight From AI Agents
Agentic Detection, live Thursday in Messari Monitoring, lets a listings or compliance desk take a development the moment Blockworks' agents find it, before an analyst has checked it. Every alert carries a tag saying whether an agent or an analyst produced it.
- Policy
SEC Clears Tokenized Stocks To Trade Onchain As CFTC Widens Software Relief
The Securities and Exchange Commission issued a five-year conditional exemption on Thursday letting tokenized National Market System (NMS) stock trade on permissioned automated market makers (AMMs), and Commodity Futures Trading Commission staff opened introducing-broker relief to passive…
- Policy
CFTC Opens Door for Crypto Apps to Offer Regulated Derivatives Access
In a no-action letter, the CFTC said certain software providers can connect users to regulated derivatives markets without registering as brokers.
- Policy
US sanctions Iranian crypto exchange BitBank over alleged bitcoin transfers to IRGC
Treasury said the previously sanctioned Hormuz Safe platform used BitBank to transfer payments collected since June.
- Policy
CFTC expands regulatory relief for passive trading software providers
The US regulator’s move could make it easier for crypto wallets and other apps to offer access to regulated derivatives and prediction markets without registering as introducing brokers.