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Mmastodon WorldUS Politics first seen 7 h ago, last 17 min ago, peak #5

CFTC and SEC move to reassure crypto industry after Clarity Act collapse

Original: As the Clarity Act collapsed, commissioners at the CFTC and SEC raced to reassure the crypto industry that they will sti

With the Clarity Act stalled in Congress, commissioners at the Commodity Futures Trading Commission and the Securities and Exchange Commission have moved quickly to reassure the crypto industry that friendly regulation is still coming. The SEC has introduced an 'Innovation Exemption' that would largely remove issuers of tokenized stocks from certain securities requirements, signalling regulators intend to advance pro-crypto policies without new legislation.

Why now: The collapse of the Clarity Act left the crypto industry uncertain about its regulatory future, making regulators' alternative steps major news.

CFTCSECClarity Actcrypto industry

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