• Key insight: Although Democrats may increase scrutiny of the Securities and Exchange Commission and Commodity Futures Trading Commission and the industries they oversee, the agencies are still expected to move forward with their regulatory agendas.
• What’s at stake: In the absence of congressional action on a market structure bill, the CFTC and SEC have begun developing their own cryptocurrency regulations. But because those rules could be reversed by a future administration, some industry stakeholders believe some version of the CLARITY Act could still be passed.

WASHINGTON — The Securities and Exchange Commission and the Commodity Futures Trading Commission are expected to proceed with setting rules for the crypto and predictions…