DECRYPT · 2026-10-07 20:16 UTC

SEC and CFTC Crypto Rules 'Fall Short' of Clarity, Says Rep. French Hill

Rep. French Hill says SEC and CFTC crypto rulemaking 'falls short' and argues a legislative solution is needed instead of regulatory exemptions. Hill credits SEC Chair Paul Atkins and CFTC Chair Mike Selig for using exemptive relief to define digital assets, but contends agency rules are fragile compared to a durable statute. Hill hopes his Clarity Act can pass during the lame-duck session, arguing permanent law is necessary for America to lead in digital assets and blockchain technology.

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