SEC’s Peirce Optimistic CLARITY Act Will Pass, Says Crypto Reform Will Continue
JH Kim
Summary
- SEC Commissioner Hester Peirce said she is optimistic that the CLARITY Act will pass.
- Peirce said the SEC will continue pursuing crypto asset regulatory reform regardless of the bill’s outcome.
- Peirce said a clearer regulatory framework and a well-defined market structure would help boost US crypto-asset competitiveness and ease long-term regulatory uncertainty.
Forecast Trend Report by Period
SEC Commissioner Hester Peirce said on August 4 that she expects the CLARITY Act to pass, Binance News reported.
“I expect the CLARITY Act to pass,” Peirce said. She added that the SEC will continue pursuing regulatory reform for crypto assets regardless of the bill’s outcome. “Even if the bill doesn’t pass, there is still a lot we can do.”
Peirce also said the crypto industry needs a clearer regulatory framework. A well-defined market structure would strengthen US competitiveness in crypto assets and help reduce long-term regulatory uncertainty, she added.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.