SEC, CFTC Crypto Rules Fall Short of Clarity, Rep. French Hill Says

Hill's framing matters because it shifts the clarity debate from agency rulemaking to legislation, effectively arguing that the SEC and CFTC cannot deliver the certainty the industry wants on their own. That puts the burden back on Congress, where the Clarity Act already failed, so the near-term outlook is continued regulatory patchwork rather than a durable framework. The open question is whether Hill's committee treats this as a mandate to revive a statutory push or simply as pressure on the agencies to coordinate more closely.