
Arkansas lawmaker French Hill pushes Congress to pass CLARITY Act over agency rules
- —Hill says SEC and CFTC actions after CLARITY Act's failure are 'insufficient'
- —Senate has just 22 working days between November midterms and the 2027 session
- —Seven commissioner seats are vacant across SEC and CFTC; SEC has Atkins and Uyeda, CFTC only Selig
- —Atkins and Selig said they would regulate crypto at Trump's direction
Why it matters: The fate of the CLARITY Act will decide whether US crypto is governed by statute or by shifting agency rules.
Source: CryptoHamster