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Wu Blockchain (@WuBlockchain): SEC Ready to Set Crypto Rules if Congress Stalls on CLARITY Act

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SEC Ready to Set Crypto Rules if Congress Stalls on CLARITY Act U.S. SEC Chair Paul Atkins said the agency is prepared to move ahead with crypto market rules within its authority if Congress fails to pass the CLARITY Act, although legislation would provide a more durable framework less vulnerable to changes between administrations. The bill advanced through the Senate Banking Committee by a 15-9 vote on May 14 but has not received a full Senate vote.

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