SEC Chair Calls This a Pivotal Week for U.S. Crypto Regulation

• SEC chair says Congress is nearing bipartisan crypto market structure legislation this week in Washington.
• The proposed bill aims to clearly divide oversight between the SEC and CFTC regulators in nationwide markets.
• Stablecoin rules seen as foundation for broader crypto regulation and market certainty in America.

The head of the U.S. Securities and Exchange Commission (SEC) said this week could be a turning point for cryptocurrency regulation, as Congress moves closer to passing the long-awaited Digital Asset Market Structure CLARITY Act.

Paul Atkins said lawmakers are on the verge of modernizing U.S. financial markets and bringing clarity to how cryptocurrencies are regulated. He said he strongly supports legislation that clearly divides oversight between the U.S. SEC and the Commodity Futures Trading Commission (CFTC).

“This is a big week for crypto,” Atk…

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