U.S. SEC Chair: this week will be pivotal for the crypto industry

The head of the U.S. Securities and Exchange Commission (SEC) said that this week could become a turning point in cryptocurrency regulation, as the U.S. Congress moves closer to passing the long-awaited digital asset market structure bill, the CLARITY Act.

According to Paul Atkins, lawmakers are on the verge of modernizing U.S. financial markets and bringing clarity to crypto regulation. He strongly supports legislation that clearly delineates supervisory authority between the SEC and the Commodity Futures Trading Commission (CFTC).

“This is an important week for cryptocurrencies,” Atkins said.

He expressed hope that the bill will move swiftly through Congress and reach the president’s desk later this year. If passed, he said, it would help the United States become a global leader in crypto markets.

“This will set the tone for the rest of the year,” Atkins added, calling the bill a key step toward stability and growth in the crypto industry.

The SEC chair also noted that clear rules would help reduce the uncertainty that has weighed on the sector for years.

Atkins also pointed to recent progress in stablecoin regulation. He said that the passage of the GENIUS Act in 2025 marked the first time the United States officially recognized crypto assets at the federal level.

See also: "JPMorgan analysts reported a signal indicating the end of the crypto market correction"

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