SEC Chairman Paul Atkins has waded into the White House’s brawl over the CLARITY Act. He’s basically saying, “Let’s stop pretending crypto cant be regulated like a sitcom.”
Right now, this is a classic hot‑potato tussle between the old‑school banking mob and the crypto rebels-think a courtroom drama where everyone’s still wearing a trench coat.
Atkins echoed the White House’s sighs about the sluggish legislation process, which has been slower than a dial‑up connection during a pandemic.
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He’s going on about “clear rules” for digital asset markets, which is basically the boardroom equivalent of putting a library card on Bitcoin.
“The CLARITY Act will let entrepreneurs spin out financial tech locally,” Atkins said, sounding like a high school principal who just gets handed a new set of rules.
The SEC boss also mentioned looking forward to partnering with the Commodity Futures Trading Commission-because if it’s going to be a financial roller coaster, someone needs to hold the safety bar.
Let’s not forget Atkins replaced the anti‑crypto SEC Chair Gary Gensler, turning the department into a party that finally decided it wants more cupcakes.
French Hill weighs in
During a Thursday interview on Fox Business with Maria Bartiromo, Representative French Hill (R‑AR) joined the conversation, reminding us that bipartisan voting is “not that pop your future in the legislative cafeteria”-sorry, we’re still figuring out the word we meant.
“We got 78 Democrats to arm‑in‑arm with Republicans, and we passed the CLARITY Act and the GENIUS Act with margins that made the House sound like a K‑pop show,” Hill mused, as if cheering a team off the field.
Hill explained that third‑party platform rewards could be sorted out without stalling the entire market bill-talk about a corporate “we’ll figure it out later” strategy.
He added that non‑bank issuers and exchanges simply “want the same freedom to package products as the banks. We can solve this.”
As reported by U.Today, Ripple CEO Brad Garlinghouse previously speculated the bill had about an 80% chance of passing by the end of April-because when you’re in the driver’s seat of a crumbling cabinet, you should aim for the top.
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2026-03-06 00:18