As the discussion around the major regulatory framework, the CLARITY Act, intensifies, on July 28, the U.S. Securities and Exchange Commission expressed its support for the regulatory framework and its willingness to establish clear rules for the digital asset market.

In the official post on X, Paul Atkins, Chairman of the SEC, stated that “I am committed to supporting Congress in advancing the CLARITY Act, including providing technical assistance. American leadership in the digital finance revolution means matching the energy of American innovators with a regulatory framework worthy of them.”

If Congress Fails, SEC Will Establish Its Own Crypto Rules

The U.S. Securities and Exchange Commission has said that it is ready to draft…