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SEC Chair Paul Atkins urges Congress to pass the CLARITY Act, calling for clear crypto rules as regulatory uncertainty grows. The chair of the U.S. Securities and Exchange Commission has urged Congress to move quickly on crypto legislation, saying the current system is failing. Paul Atkins said lawmakers must step forward and set clear rules for digital assets, as uncertainty continues to weigh on markets and regulators. SEC Chair Calls for Congressional Action Paul Atkins said it is “really crucial for Congress at this moment in time to step forward and come up with crypto legislation.” He made the statement during a public appearance focused on financial regulation and market stability. The remarks marked a direct call for lawmakers to take responsibility for crypto rules. 🇺🇸 SEC CHAIR PAUL ATKINS IS PRESSING CONGRESS TO PASS THE CLARITY ACT NOW. “It’s really crucial for Congress at this moment in time to step forward and come up with crypto legislation.” That’s not a casual comment.That’s the head of the SEC admitting the current framework… pic.twitter.com/zfo7sumbLF — Crypto Tice (@CryptoTice_) February 2, 2026 The SEC chair acknowledged that the existing framework does not provide enough clarity for companies or investors. He said regulation through court cases alone is not effective for a fast-growing sector. He also noted that prolonged uncertainty can harm confidence and orderly markets. Atkins stressed that Congress, not regulators, has the authority to define the legal boundaries. He said agencies need clear laws to enforce, and firms need clear standards to follow. Without legislation, disputes continue to be resolved through lawsuits. Shift Away From Enforcement-First Regulation The SEC has relied on enforcement actions for years to address crypto-related activity. Many cases have focused on whether digital assets qualify as securities under existing laws. This approach has drawn criticism from both…

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Filed under: News - @ February 3, 2026 1:25 am