Regulation· ★★★★· neutral· September 15, 16:30

SEC Chair: crypto rules will proceed regardless of Senate vote outcome

—Atkins supported the procedural vote on the CLARITY Act, scheduled for Tuesday
—60 votes are needed to pass: Republicans are short at least 7 Democrats
—Three tracks of Project Crypto: Regulation Crypto Assets, transfer agents, self-custody
—Banking groups and New York attorneys general opposed the bill

Why it matters: Crypto regulation in the US is now advancing on two tracks — through Congress and through the SEC — reducing the market's dependence on the vote outcome.

Source: Blockonomi