SEC this time is going big. Paul Atkins said in a Fox interview yesterday that the CLARITY Act will be put to a Senate vote on September 15, and he expects it to pass. Coming from the mouth of the SEC chair carries a different weight.
The 60-vote threshold is the biggest hurdle. When the Senate Banking Committee pushed it in May, it was 15 in favor and 9 against. Now it will require at least seven Democratic lawmakers to defect. Honestly, that’s not easy. But if Atkins dares to make such an open call, he must have confidence behind it.
Also moving forward at the same time are new financing rules, with two exemption pathways: for startup projects, up to $5 million over a maximum of 4 years; for larger ones, a one-cycle limit of $75 million. This is essentially laying a ladder for projects that were previously driven out by the SEC. Atkins himself even admits that in the past few years, “regulating through enforcement” pushed people away—now he wants to bring them back.
For the market, if CLARITY passes, it means the SEC and CFTC’s jurisdiction will finally be clearly separated. We won’t have to guess whether any particular coin is a security or a commodity anymore. Everyone remembers how many years the XRP case dragged on. Going forward, these kinds of issues should happen far less.
On September 15, watch closely. If it passes, the narrative that the U.S. is truly the crypto hub will really hold firm.
#SEC新规拟吸引加密企业回流美国 $BTC
The 60-vote threshold is the biggest hurdle. When the Senate Banking Committee pushed it in May, it was 15 in favor and 9 against. Now it will require at least seven Democratic lawmakers to defect. Honestly, that’s not easy. But if Atkins dares to make such an open call, he must have confidence behind it.
Also moving forward at the same time are new financing rules, with two exemption pathways: for startup projects, up to $5 million over a maximum of 4 years; for larger ones, a one-cycle limit of $75 million. This is essentially laying a ladder for projects that were previously driven out by the SEC. Atkins himself even admits that in the past few years, “regulating through enforcement” pushed people away—now he wants to bring them back.
For the market, if CLARITY passes, it means the SEC and CFTC’s jurisdiction will finally be clearly separated. We won’t have to guess whether any particular coin is a security or a commodity anymore. Everyone remembers how many years the XRP case dragged on. Going forward, these kinds of issues should happen far less.
On September 15, watch closely. If it passes, the narrative that the U.S. is truly the crypto hub will really hold firm.
#SEC新规拟吸引加密企业回流美国 $BTC
