Former SEC official says crypto rulemaking need not wait for CLARITY Act

Former U.S. SEC official Anne Kelly said on X that the SEC does not need to wait for the CLARITY Act to pass before starting rulemaking for digital assets. In an English-language post, Kelly said, "SEC can initiate rulemaking first, and even if CLARITY passes later, the bill’s provisions can be reflected through additional rule proposals. Even if CLARITY passes immediately, it would still take at least several months for the SEC and the CFTC to draw up detailed implementation rules. Congress and regulators are partners, not adversaries."