SEC Chair Paul Atkins Urges Congress to Advance CLARITY Act for Crypto Market Structure

Paul Atkins, chair of the U.S. Securities and Exchange Commission (U.S. markets regulator), said lawmakers should send the CLARITY Act to President Trump to establish digital asset market structure legislation.

Summary

Paul Atkins, chair of the U.S. Securities and Exchange Commission (U.S. markets regulator), called on U.S. lawmakers to move forward with crypto market structure legislation, specifically urging Congress to send the CLARITY Act to President Trump. His statement frames the bill as an immediate legislative priority for the digital asset sector. Market structure legislation is generally intended to define how cryptocurrencies are classified and which agencies oversee trading, issuance, and related activities, an issue that has remained central to the U.S. crypto industry.

Terms & Concepts
  • Market structure legislation: Rules that define how digital asset markets are organized, supervised, and divided among regulators.
  • CLARITY Act: A proposed U.S. bill referenced by Paul Atkins as crypto market structure legislation for Congress to advance.
  • SEC: The U.S. Securities and Exchange Commission, the federal regulator overseeing U.S. securities markets and investor protections.