Crypto Groups Turn to SEC, CFTC After Senate Blocks CLARITY Act

The shift from legislation to agency rulemaking is the real story here. Rules are faster to enact but structurally weaker: the industry's own framing concedes that a future chair can rewrite them, which is exactly the fragility a statute was meant to remove. That trade-off now defines the sector's regulatory outlook, and it cuts both ways depending on who holds the agencies. Whether the SEC and CFTC actually move on crypto rules, and how durable those rules prove across administrations, is the open question.