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U.S. SEC Chair: "Project Crypto" will be implemented immediately after Congress passes the CLARITY Act
ME News Report, April 9th (UTC+8), U.S. SEC Chairman Paul Atkins stated that the “Project Crypto” plan aims to ensure that once Congress passes the CLARITY Act, the SEC and CFTC can implement it. He reposted comments from U.S. Treasury Secretary Scott Bessent, saying that Congress has attempted over the past few years to establish a framework for the future of “onshore” finance, and now the Senate Banking Committee should advance the review and send the CLARITY Act to President Trump for signature, to establish a legislative way to limit “overreaching regulators” and provide a long-term stable market structure rule for the U.S. digital asset market. (Source: PANews)