{ "version": 1, "event_id": "evt_583f52deb63823c7", "url": "https://xiyu.news/events/evt_583f52deb63823c7/", "json": "https://xiyu.news/api/events/evt_583f52deb63823c7.json", "type": "other", "status": "developing", "category": "policy", "title": { "zh": "CLARITY法案失败后SEC和CFTC推进加密监管", "en": "After Clarity Act Defeat, SEC and CFTC Advance Crypto Regulation" }, "current_state": { "zh": "Clarity Act 的失败已将加密政策重心从国会转向联邦机构；SEC、CFTC 和美联储正通过具体豁免、救济和规则提案推进加密监管。", "en": "The Clarity Act's failure has shifted crypto policy momentum from Congress to federal agencies; the SEC, CFTC, and Fed are advancing crypto regulation through specific exemptions, relief, and proposed rules." }, "first_seen_at": "2026-08-22T08:00:00+08:00", "last_updated_at": "2026-09-26T16:34:50.022856+00:00", "last_material_change_at": "2026-09-26T16:34:50.022856+00:00", "confidence": 0.75, "updates_count": 2, "sources_count": 4, "entities": [ "advance", "all", "cftc", "clarity", "congress", "defeat", "goes", "handed", "how", "learned", "love", "minute", "morning", "new", "regulators", "rules", "says", "sec", "selig", "stopped", "time", "trump", "waiting", "washington", "wheel" ], "identifiers": [], "topics": [ "btc-etf", "cftc", "clarity-act", "crypto-regulation", "perpetuals", "sec", "us-policy", "white-house" ], "updates": [ { "update_id": "upd_77967ec71c520ba2", "event_id": "evt_583f52deb63823c7", "occurred_at": "2026-08-22T08:00:00+08:00", "published_at": "2026-08-22T08:00:00+08:00", "first_seen_at": "2026-08-22T08:00:00+08:00", "time_precision": "edition", "update_type": "initial", "material_change": true, "title_zh": "华盛顿全力拥抱加密：特朗普、SEC、CFTC齐推新规", "title_en": "Washington Goes All-In on Crypto: Trump, SEC, CFTC Advance New Rules", "what_changed_zh": "华盛顿全力拥抱加密：特朗普、SEC、CFTC齐推新规", "what_changed_en": "Washington Goes All-In on Crypto: Trump, SEC, CFTC Advance New Rules", "current_state_zh": "华盛顿全力拥抱加密：特朗普、SEC、CFTC齐推新规", "current_state_en": "Washington Goes All-In on Crypto: Trump, SEC, CFTC Advance New Rules", "detailed_summary_zh": "本周，SEC首次推出针对加密资产的规则提案“Regulation Crypto Assets”，允许特定项目在四年内募资不超过500万美元或每年不超过7500万美元而无需完全注册。特朗普总统在白宫会见加密行业高管，敦促国会通过“公平版本”的Clarity Act；CFTC主席Mike Selig则启动创新咨询委员会，并警告若法案受阻，CFTC将利用现有权力自行建立加密监管框架。 这标志着美国加密政策从“以执法为主导”转向SEC和CFTC的正式规则制定，并获得白宫支持。若这些提案落地，将实质性改变数字资产在美国的发行与交易方式，影响发行方、交易所和投资者。 SEC提案包含一个有条件的“安全港”条款：当发行方的关键管理努力结束后，相关加密资产可获豁免；同时该提案将优先于部分州的证券注册要求。该提案在预定投票被突然取消几天后正式发布；CFTC主席Selig已指示工作人员研究加密资产规则。", "detailed_summary_en": "This week, the SEC proposed its first crypto-specific rulemaking, Regulation Crypto Assets, allowing certain offerings of up to $5 million over four years or $75 million annually without full registration. President Trump hosted crypto executives at the White House and pressed Congress to pass a \"fair version\" of the Clarity Act, while CFTC Chairman Mike Selig launched the Innovation Advisory Committee and warned that the CFTC would use existing authorities to build its own crypto regime if the Act stalls. This marks a coordinated shift in U.S. crypto policy from enforcement toward formal rulemaking across both the SEC and CFTC, with White House backing. If enacted, these proposals could materially reshape how digital assets are issued and traded in the U.S., affecting issuers, exchanges, and investors. The SEC proposal includes a conditional safe harbor for crypto assets once an issuer's essential managerial efforts have ended, and it would preempt certain state securities registration requirements. The proposal was formally issued days after the scheduled vote was abruptly cancelled, and CFTC Chairman Selig has already directed staff to explore crypto-asset rules.", "background_zh": "", "background_en": "", "community_discussion_zh": "", "community_discussion_en": "", "market_impact_zh": "", "market_impact_en": "", "importance_score": 9.0, "references": [ { "url": "https://www.sec.gov/newsroom/press-releases/2026-90-sec-issues-innovation-exemption-facilitate-trading-tokenized-nms-stock-request-comment", "title": "SEC Issues \"Innovation Exemption\" to Facilitate the Trading of ..." }, { "url": "https://cryptorank.io/news/feed/f564a-cftc-no-action-passive-software-providers", "title": "CFTC Broadens No-Action Relief for Passive Crypto Software Providers | Regulation Blockchain | CryptoRank.io" }, { "url": "https://www.congress.gov/bill/119th-congress/house-bill/3633/text", "title": "Text - H.R.3633 - 119th Congress (2025-2026): Digital Asset Market Clarity Act | Congress.gov | Library of Congress" } ], "confidence": 0.75, "story_ids": [ "rss:decrypt.co_feed:2b5982332f3455aa", "rss:decrypt.co_feed:c65c69d9fcf36d2d", "rss:decrypt.co_feed:195480fcce7639ce" ], "sources": [ { "url": "https://decrypt.co/376204/washington-crypto-trump-clarity-sec-rules-cftc-warnings", "label": "Decrypt", "source_type": "rss", "official": false }, { "url": "https://decrypt.co/378688/how-clarity-act-defeat-sec-cftc-wheel-crypto", "label": "Decrypt", "source_type": "rss", "official": false }, { "url": "https://decrypt.co/379383/how-crypto-stopped-waiting-congress-learned-love-regulators", "label": "Decrypt", "source_type": "rss", "official": false } ] }, { "update_id": "upd_4b9d6d4a44c8cabc", "event_id": "evt_583f52deb63823c7", "occurred_at": "2026-09-24T11:56:11Z", "published_at": "2026-09-24T11:56:11Z", "first_seen_at": "2026-09-24T17:26:47.587938Z", "time_precision": "published", "update_type": "escalation", "material_change": true, "title_zh": "晨间一分钟：Selig称CFTC加密规则“时机已到”", "title_en": "Morning Minute: Selig Says ‘It’s Go Time’ for CFTC Crypto Rules", "what_changed_zh": "CFTC主席Mike Selig在CNBC表示现在是制定加密市场结构规则的“时候”，将聚焦永续合约并动用现有法定权力；此前参议院否决了Clarity Act。同时SEC批准五年创新豁免、CFTC发布不行动函并提交两项预规则。", "what_changed_en": "CFTC Chair Mike Selig said on CNBC it is 'go time' for the agency to write crypto market-structure rules, focused on perpetuals, using existing statutory authority after the Senate blocked the Clarity Act; SEC also approved a five-year Innovation Exemption and CFTC issued a no-action letter and filed two prerules.", "current_state_zh": "华盛顿加密政策推进进入新阶段：CFTC在立法受阻后转向以现有权力制定永续合约等市场结构规则，SEC同步推进豁免与托管提案。", "current_state_en": "Washington's crypto policy push enters a new stage: after legislation stalled, the CFTC pivots to using existing authority to write market-structure rules for perpetuals, while the SEC advances exemptions and custody proposals.", "detailed_summary_zh": "CFTC Chair Mike Selig said on CNBC it is 'go time' for the agency to write crypto market-structure rules, focused on perpetuals, using its existing statutory authority after the Senate blocked the Clarity Act.", "detailed_summary_en": "CFTC Chair Mike Selig said on CNBC it is 'go time' for the agency to write crypto market-structure rules, focused on perpetuals, using its existing statutory authority after the Senate blocked the Clarity Act.", "background_zh": "", "background_en": "", "community_discussion_zh": "", "community_discussion_en": "", "market_impact_zh": "", "market_impact_en": "", "importance_score": 7.5, "references": [], "confidence": 0.9, "story_ids": [ "rss:decrypt.co_feed:a4a753b73aaf109d" ], "sources": [ { "url": "https://decrypt.co/379169/morning-minute-selig-says-its-go-time-for-cftc-crypto-rules", "label": "Decrypt", "source_type": "rss", "official": false } ] } ] }