House Finance panel chair says regulator actions on crypto fall short of CLARITY bill

According to Cointelegraph, Representative French Hill stated that current actions by the SEC and CFTC regarding cryptocurrency regulation do not meet the objectives outlined in the CLARITY bill. He emphasized that these regulatory steps are insufficient for addressing the needs of a structured crypto market. Hill expressed hope that Congress could pass a cryptocurrency market structure bill before the next session of the 2027 legislative period. The comment reflects concerns about the pace and scope of existing oversight efforts relative to legislative goals.