SEC Chair Paul Atkins says Clarity Act will modernize rules to support markets moving onchain
SEC Chair Paul Atkins' Clarity Act remarks frame on-chain market migration as a regulatory priority, signaling a more constructive U.S. posture toward digital-asset infrastructure and compliance pathways. While lacking a specific timeline or enforcement details, the statement reduces perceived policy uncertainty and can support risk appetite across crypto, particularly for tokens and DeFi ecosystems sensitive to securities-classification standards.
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SEC Chair Paul Atkins delivered remarks on July 3, 2026, saying the agency is taking “historic steps” under the Clarity Act to modernize rules to support financial markets moving onchain. The Clarity Act is intended to clarify standards for determining when digital assets are securities and to outline compliance paths for platforms. Atkins did not announce specific enforcement actions or a timeline, but the speech marked the first time an SEC chair elevated “on-chain markets” as a core modernization goal, according to the statement.