The heads of two federal financial regulators said on Sept. 16 that their agencies would proceed with crypto rulemaking under existing authority, after the US Senate voted against advancing the Digital Asset Market Clarity Act the previous day.
Bernstein told clients Wednesday that the SEC and CFTC will move fast to fill the regulatory void left behind by the CLARITY Act failing its procedural vote Tuesday.
Bernstein analysts expect “aggressive and swift” rulemaking from the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), after the Digital Asset Market Clarity (CLARITY) Act failed to pass a Senate cloture vote on Tuesday.
