🏛️ 1. CLARITY Act & regulatory pushback
The CLARITY Act, a 236-page House bill aiming to define digital assets, is encountering opposition—Democrats like former CFTC Chair Massad argue it could add confusion, preferring a collaborative SEC–CFTC approach .
Meanwhile, without legislative action, both the SEC and CFTC are expected to push forward with independent rule‑makings .
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🔍 2. SEC Task Force Roundtable insights
During recent SEC roundtable discussions, regulators and industry voices debated how to regulate DeFi, manage off‑chain agreements, and secure protocols .
The SEC is focusing less on banning crypto software and more on identifying risks and requiring clear disclosure .