SEC Chair Paul Atkins Expects Clarity Act to Pass This Month, Positioning US as Crypto Hub

SEC Chair Paul Atkins announced that the Clarity Act is expected to pass the Senate this month, with a vote scheduled for September 15. Atkins stated that the U.S. is poised to become the global capital for cryptocurrency as regulators modernize rules for the blockchain era. The SEC has recently submitted a proposal to the White House to clarify custody frameworks for investment advisors. The Clarity Act, which previously passed the House, aims to establish clear regulatory distinctions between securities, commodities, and stablecoins. While the bill faced