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SEC to draft crypto rules if Congress stalls on Clarity Act
The SEC says it will draft crypto rules if Congress fails to pass the Clarity Act. Prediction market odds for 2026 passage fell to 30.5% from 38%. Traders eye Senate action.
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The U.S. Securities and Exchange Commission said it is ready to draft its own crypto rules if Congress fails to pass the Clarity Act this year, Crypto Briefing reported.
The Clarity Act, formally the Digital Asset Market Clarity Act of 2025, would split oversight between the SEC and the Commodity Futures Trading Commission. The House passed the bill in July 2025. The Senate Banking Committee approved it in May 2026. It has not reached a floor vote in the Senate.