Paul Atkins Says SEC Will Act On Crypto Rules Without Congress If Needed

• Atkins says the SEC can set crypto rules on its own if Congress stalls the bill.
• The Clarity Act passed the Senate Banking Committee but awaits a full Senate vote. 
• Project Crypto already built out a full Regulation Crypto rulemaking package.

SEC Chair Paul Atkins says his agency is prepared to move ahead with crypto market rules on its own authority if Congress fails to pass the Clarity Act. Legislation would still provide a more durable framework, one less exposed to shifts between administrations, but Atkins isn’t waiting on Capitol Hill to act.

Atkins said he’s optimistic Congress will pass the Clarity Act, and that the SEC is doing everything it can to assist lawmakers with technical questions along the way. He added that statute remains the best way to future-proof crypto regulation, but the agency is ready to issue its own rules if needed.

“I am commit…

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