politique

Congress drags on, while the SEC moves ahead without waiting. Who really writes the rules for crypto?

The CLARITY Act—the law meant to clarify once and for all the legal status of cryptocurrencies in the U.S.—has seen its odds of passing in 2026 drop to about 30%, according to Bernstein and Galaxy Research. They were above 80% in February. The Senate chose to prioritize other bills before the summer recess.

Meanwhile? The SEC is preparing to roll out major new rules, including an offering framework tailored to crypto assets and an innovation exemption that could pave the way for 24/7 trading of tokenized stocks on blockchain.
In other words: while lawmakers negotiate, regulators act.

This shift raises a real underlying question: is it good news (crypto is still moving forward) or a worrying signal (rules being written by unelected agencies, without a full democratic debate)?

Add to that a sensitive political detail: the negotiations also stall over an ethics clause covering crypto interests of senior officials and their families—a topic that goes far beyond technicalities and touches trust in the entire system.

So here’s the question I’m asking you:
A market that advances thanks to agency decisions rather than a democratic vote in Congress—does that reassure you about crypto’s future, or does it worry you about who truly controls the rules of the game?
Let me know in the comments. 👇

#CryptoRegulationBattle #CLARITYAct #Politique