tweet @SECPaulSAtkins: I am committed to supporting Congress in advancing the CLARITY Act, including providing technical assistance. We are ready, willing, and able to come out with rules that address the same issues in CLARITY and other aspects of the crypto market.

• SEC Chair Paul Atkins confirmed the agency will issue its own crypto market structure rules if Congress fails to pass the CLARITY Act before the August recess.

• The CLARITY Act (H.R. 3633) passed the House 294-134 in July 2025 but remains stalled in the Senate with roughly two legislative weeks before recess.

• Atkins placed passage odds at approximately 55% and emphasized that only a statute can "future-proof" the regulatory framework against future administrations.

• The SEC's Project Crypto and a parallel CFTC initiative would advance token taxonomy, custody, trading, and distribution rules through exemptive and interpretive authority.