▲ Bullish
SEC Chair Paul Atkins stated that the SEC has been "weaponized" against the crypto industry while unveiling the CLARITY Act, which aims to clarify regulations for crypto assets.
The proposed Regulation Crypto Assets intends to resolve uncertainties for innovators in the blockchain space, allowing projects to raise capital before their networks are operational.
Atkins expressed optimism that the CLARITY Act will eventually reach the President's desk.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.