SEC Chair: ‘Big Week For Crypto’ As Congress Eyes Market Structure Vote
“This is an enormous week for crypto – Congress is on the cusp of upgrading our monetary markets for the twenty first century,” mentioned Atkins on Fox Business on Monday.
The market construction invoice “suits in with the President’s concentrate on making America the crypto capital of the world, so when you have clear laws and clear guidelines, then you have got certainty within the market,” he mentioned.
“We’re behind it, we’re very bullish on the results of the invoice attending to the President to be signed this yr, and I believe that will likely be an enormous assist to the crypto market and traders.”
Clarity is Key For Markets
“The most vital factor we will do proper now for traders is carry crypto asset markets out of the regulatory grey zone,” the SEC chair mentioned on X following the interview.
He added that passing bipartisan market construction laws will “assist us future-proof in opposition to rogue regulators,” in an obvious swipe at earlier SEC management.
“As David Sacks talked about, the President has created a monetary providers regulatory dream staff, and I’m desperate to work with my counterpart on the CFTC, Michael Selig, and throughout the Administration to implement this monumental laws within the coming months and years.”
This is an enormous week for crypto – Congress is on the cusp of upgrading our monetary markets for the twenty first century.
I’m wholly supportive of Congress offering readability on the jurisdictional break up between the SEC and the @CFTC. pic.twitter.com/NtDWRW85kL— Paul Atkins (@SECPaulSAtkins) January 12, 2026
Bitwise CIO Matt Hougan described the CLARITY Act because the “Punxsutawney Phil of this crypto winter.” Punxsutawney Phil is a well-known groundhog that predicts the climate on February 2 within the city of Punxsutawney, Pennsylvania.
“If it sticks its head out however fails in Congress, the winter may proceed. If as a substitute it passes and is signed into legislation, we’re heading to new all-time highs,” mentioned Hougan.
Bitcoin ATH If Approved
Thursday, January 15, is the date that the US Senate has slated for markup of the Act, with the method involving aligning drafts within the Senate Banking and Agriculture committees and pushing the ultimate invoice to a vote in Congress.
MN Fund co-founder Michaël van de Poppe commented that lots of people “underestimate the importance of the CLARITY Act for the whole business.”
The GENIUS Act, which regulates stablecoins, has been a “market decider,” nonetheless, the CLARITY Act “is that in sq.,” he added.
“Absolutely the most important occasion, already in January, and may determine the whole route of the ecosystem for the whole yr 2026. If constructive, Bitcoin in the direction of a brand new ATH will not be distant.”
BTC was down on the day on the time of writing, buying and selling round $91,200, down 28% from its all-time high.
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