SEC Chairman Paul Atkins says the agency will implement crypto market regulations if the Clarity Act fails to pass by lawmakers.
SEC Chairman Paul Atkins stated the agency will issue crypto market rules if Congress does not pass the Clarity Act. Speaking on July 27, 2026, Atkins expressed optimism about the bill’s passage but confirmed the SEC’s readiness to act independently if needed.
Atkins noted the SEC has supported the legislative process by addressing lawmakers’ questions and providing technical assistance. While rulemaking can address immediate gaps, he emphasized that congressional action is necessary for long-term regulatory certainty and market safeguards.
The remarks underscore the SEC’s dual approach—collaborating with Congress while preparing to regulate crypto markets directly if legislation lags.