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SEC and CFTC Advance Crypto Rules as CLARITY Act Stalls

Original: SEC and CFTC Build Crypto Rules as Congress Stalls on CLARITY Act US regulators advance nine crypto actions including a

US regulators are moving ahead with nine crypto-related actions, including a framework for Bitcoin custody, while the CLARITY Act has failed to advance in the Senate. With Congress deadlocked, the SEC and CFTC are filling the gap by building their own rules for digital assets. Observers note the shift leaves policymaking in the hands of regulators rather than lawmakers, raising questions about oversight and industry clarity.

Why now: Regulators stepping in while Congress fails to pass crypto legislation has major implications for the digital asset industry.

SECCFTCCLARITY ActUS Congress

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Evidence

• SEC and CFTC Build Crypto Rules as Congress Stalls on CLARITY Act US regulators advance nine crypto actions including a Bitcoin custody framework, even as the CLARITY Act fails in the Senate. https:// newisty.com/blog/sec-and-cftc-… · newisty

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