SharpLink CEO says SEC and CFTC can address 80% of CLARITY Act

Summary

SharpLink CEO Joseph Chalom expressed confidence that the SEC and CFTC will independently address "about 80%" of the issues outlined in the CLARITY Act following the Senate's failure to advance the legislation in September 2026. In light of this, both regulatory bodies have committed to advancing rules for crypto market structures under their existing statutory powers, reflecting a proactive approach to regulation. This includes the SEC's innovation exemption for tokenized securities and the CFTC's no-action relief on derivatives access, which aim to clarify the regulatory landscape for cryptocurrencies without the need for new laws.

Analysis

SharpLink: SharpLink, Inc. is an institutional-grade Ethereum treasury platform that accumulates and actively manages ETH holdings through staking and other strategies within a structured governance and custody framework. Formerly known as SharpLink Gaming, the company rebranded in early 2026 to reflect its focus on digital asset treasury management alongside affiliate marketing services. Its CEO's comments on regulatory developments highlight the company's interest in clearer rules for crypto assets and Ethereum's role in financial infrastructure. Joseph Chalom: Joseph Chalom is the CEO of SharpLink, where he oversees its Ethereum treasury strategy and broader digital asset initiatives. He previously led digital asset product launches at BlackRock, including spot Bitcoin and Ethereum ETFs as well as the tokenized BUIDL fund. In the reported news, he stated that the SEC and CFTC can address most of the objectives from the stalled CLARITY Act through their existing rulemaking powers. Regulation: After the Senate failed to advance the CLARITY Act in September 2026, the SEC and CFTC publicly committed to advancing crypto market structure rules using their current statutory authorities. Crypto Policy: Regulators have since introduced measures such as the SEC's innovation exemption for tokenized securities trading and CFTC no-action relief on derivatives access, aiming to provide clarity without new legislation.

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