The SEC is quietly racing against Capitol Hill. With three crypto proposals penciled in for July 2026, the agency could begin formal rulemaking on digital asset offerings, broker-dealer custody, and trading venues before the Senate even schedules a vote on the landmark CLARITY Act. That timing gap — between an active regulator and a stalled legislature — may define what US SEC crypto regulation looks like for years to come.

Key takeaways

• The SEC has set July 2026 targets for three crypto rulemaking proposals covering token offerings, broker-dealer custody, and market structure for trading venues.
• SEC Chair Paul Atkins has framed the agenda as a push to bring more crypto products onshore with clearer rules for capital raising,…