CFTC and SEC Double Down on Crypto After Clarity Act Defeat

September 16, 2026
5:33 pm

CFTC and SEC Double Down on Crypto After Clarity Act Defeat

In brief

CFTC Chair Michael Selig said the agency is “ready to ship” its crypto rules.
SEC Chair Paul Atkins pledged action “with or without legislation.”
The comments come after the Clarity Act fell short of the 60 votes needed to clear a Senate procedural hurdle.

The heads of the Commodity Futures Trading Commission and Securities and Exchange Commission pledged to press ahead with crypto regulation using their existing powers after the Senate failed to advance the Clarity Act.

In a post on X on Wednesday, CFTC Chair Mike Selig said his Commission is “locked in and ready to ship its rules for the new frontier of finance.”