Wu Blockchain (@WuBlockchain): SEC Chair: Will issue crypto market rules if the Clarity Act fails to pass

SEC Chair: Will issue crypto market rules if the Clarity Act fails to pass On July 27, 2026, SEC Chairman Paul Atkins @SECPaulSAtkins discussed the Clarity Act and the regulation of the U.S. crypto market structure during a CNBC interview. He stated that he is optimistic about Congress passing the bill, with the SEC actively assisting by answering questions and providing technical support. If Congress ultimately fails to act, the SEC is ready, willing, and able to issue rules to address the issues involved in the Clarity Act and improve regulation in other areas of the crypto market. However, Atkins believed that SEC rulemaking cannot replace congressional legislation. The crypto market ultimately still needs a statute to provide more lasting certainty and establish clear safeguards for future regulatory direction and market development.