Altcoins News
By Sydney TheCMO
1 / 15
CLARITY Act Odds Drop to 10%. Galaxy Digital put a number on it. The firm cut its probability estimate for the CLARITY Act…
2 / 15
What the SEC's Proposal Actually Does. It's not a permanent fix. Nobody at the SEC is calling it that.
3 / 15
Senate Clock Is Running. September 14 is the reconvening date. That's the window.
4 / 15
The SEC didn't wait. With the Senate stalling on the Digital Asset Market Clarity Act — the CLARITY Act — the agency rolled out its own proposed regulatory guidelines for crypto…
5 / 15
The proposal targets investment contracts involving crypto assets specifically. It's meant to replace what SEC Chairman Paul S.
6 / 15
Commissioner Hester Peirce signed on fast.
7 / 15
Peirce — widely known in crypto circles as "Crypto Mom" — has pushed for workable digital asset rules for years, often as a dissenting voice inside the agency.
8 / 15
Galaxy cited two main problems. First, unresolved political issues that haven't budged. Second, a legislative window that's shrinking fast.
9 / 15
The SEC's proposal is, pretty much, an attempt to patch that hole from the agency's side.
10 / 15
Read also: SEC Proposes New Crypto Token Rules as Congress Stalls on Digital Asset Market Clarity Act
11 / 15
It's not a permanent fix. Nobody at the SEC is calling it that. But the guidelines aim to give entities in the crypto space a clearer path when it comes to structuring investment…
12 / 15
Atkins had signaled earlier that the agency was ready to move on its own if Congress didn't act. That's kind of where things landed.
13 / 15
The timing matters. Crypto firms, token issuers, and exchanges have been operating in a murky legal environment for a long time.
14 / 15
And the pressure on Congress isn't going away. If anything, the SEC moving independently probably adds to it.
15 / 15
September 14 is the reconvening date. That's the window. After that, the legislative calendar gets even tighter, and Galaxy Digital's 10% estimate starts looking optimistic…
The Currency Analytics
Want the full story?