LATEST: 🇺🇸 Franklin Templeton's Chris Perkins says crypto will be "just fine" even if the CLARITY Act doesn't pass, thanks to the next three years of SEC and CFTC precedent under Atkins and Selig.

What happened

Franklin Templeton’s Chris Perkins said crypto will be "just fine" even if the CLARITY Act fails because the next three years of SEC and CFTC precedent under chairs Atkins and Selig provide sufficient regulatory guidance.

Confirmed

Global impact / market context

This view suggests that existing agency rulings may protect crypto markets from sharp moves, giving investors confidence that the sector can operate without immediate new legislation.

Analyst inference

The United States is debating the CLARITY Act while the SEC and CFTC, led by Atkins and Selig, have set recent enforcement and rule‑making precedents that currently shape crypto activity.

Analyst inference

What to watch

1. Monitor whether the CLARITY Act advances in Congress, stalls, or is dropped, as its passage would create specific legal standards for crypto activities. Proposed
2. Watch for new SEC and CFTC guidance or enforcement actions under chairs Atkins and Selig, which could shape market practices and compliance costs for digital asset firms. Proposed
3. Observe how crypto exchanges and service providers adjust their operations and risk management in response to the perceived regulatory stability despite legislative uncertainty. Proposed

Evidence

• x.com