Analysis: The Trump administration bypasses Congress to advance cryptocurrency regulation, experts say the appointment of Paul Atkins may be key

By: rootdata|2026/03/04 08:43:30
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According to CoinDesk, despite the Clarity Act being stalled in Congress, the Trump administration is providing regulatory clarity for the crypto industry through executive actions.

Analyst Brady Dale pointed out that Trump's appointment of Paul Atkins as SEC chairman could be a decisive move, as Atkins, a seasoned regulatory expert, has clearly stated that the SEC has the authority to establish the necessary rules for the crypto industry without waiting for congressional legislation. The appointment of new CFTC chairman Michael Selig further ensures coordination between the two major regulatory agencies. The two agencies are expected to submit draft rules this fall and finalize them in the spring of 2026, which will establish dedicated rules for decentralized financial networks for the first time, allowing exchanges to operate in compliance and making token sales possible.

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