Statement regarding SEC's Open Meeting

“As Congress continues efforts to establish durable rules for digital asset markets through the Clarity Act, the SEC’s Open Meeting represents another important step toward establishing the United States as the global leader in digital asset innovation. We are grateful to Chairman Atkins, Commissioners Peirce and Uyeda, and the SEC staff for the tremendous amount of work that has gone into the consideration of tailored rules for digital assets, including Commissioner Peirce’s thoughtful and sustained leadership on these issues over many years. We look forward to seeing the Commission’s proposal on Friday.

More broadly, the SEC, Congress, and the Administration are doing tremendous work to unlock the potential of onchain equities and modernize America’s capital markets. Blockchain Association strongly supports these efforts, including the SEC’s work toward Reg Crypto and an innovation exemption that can provide a practical pathway for new products and technologies to develop in the United States.

The SEC’s progress makes the passage of the Clarity Act even more important. Only Congress can provide the lasting statutory framework that will give regulators, market participants, and consumers certainty for the long term and ensure the United States remains the global leader in digital assets.”  

-Blockchain Association CEO Summer Mersinger