The Securities and Exchange Commission has proposed new rules that could exempt certain token offerings from being classified as securities, even as the Clarity Act stays stalled in the Senate. The move signals that agency rulemaking, not new legislation, is now driving near-term crypto policy in the U.S.
The SEC has proposed new rules to potentially exempt certain token offerings from being classified as securities. The proposal comes as the Clarity Act, a significant crypto legislative bill, remains inactive in the Senate. Together, the two threads point to regulatory agencies, rather than Congress, setting the pace on crypto policy for now.
Market pricing appears to interpret the regulatory advance as potentially supportive of a positive outcome for Bitcoin's price. Current market odds reflect optimism about Bitcoin reaching $100,000 by the end of 2026, with recent adjustments in that probability.
Observers are watching for further announcements from the SEC and the Commodity Futures Trading Commission, which could add clarity on the evolving rules. The Clarity Act's status in Congress remains a critical factor, since its passage could significantly influence market sentiment.
Source: Crypto Briefing
Trading involves risk.
Risk Disclaimer
