Crypto▼ Bearish
SEC delayed crypto exemption on CLARITY Act politics, Securitize president says
Securitize President Brett Redfearn said the SEC delayed a crypto innovation exemption because of the CLARITY Act fight. The bill's 2026 passage odds sit at 23.5% on prediction markets, but Redfearn's comments could slow that timeline.
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Securitize President Brett Redfearn said the U.S. Securities and Exchange Commission held back a proposed crypto innovation exemption because of the political dynamics around the CLARITY Act. Redfearn, a former SEC official, spoke on a panel and did not give a timeline for when the exemption might advance. He did not name the specific rule or proposal.
The CLARITY Act would define which digital assets fall under SEC versus Commodity Futures Trading Commission jurisdiction and create a limited fundraising exemption for crypto projects. The bill's market-implied probability of passage in 2026 rose to 23.5% this week, a 4-point gain from the prior week, according to prediction-market pricing from Vera.