SEC Chair Paul Atkins declared on May 28, 2026, that the era of the SEC being "at odds with technology and innovation" is over, pledging to deliver regulatory clarity for digital assets alongside Congress and the Trump administration. Shortly after, Senator Cynthia Lummis called on Congress to fast-track the bipartisan Digital Asset Market Clarity Act to President Trump's desk.
The Clarity Act, which passed the House in 2025 and recently advanced through the Senate Banking Committee, would give the CFTC oversight of most digital commodities, limit SEC authority to securities-like tokens, and create clearer registration and compliance rules for exchanges, DeFi, and stablecoins.