Circle CEO Says Regulators Will Keep Progress After CLARITY Act Block

Circle CEO Jeremy Allaire said he isn't fazed by the U.S. Senate's decision to block the CLARITY Act, the digital asset market-structure bill. He expects regulators to keep advancing clear crypto rules regardless of the legislative setback.

Allaire's comments come as stablecoin and market-structure legislation remains stalled in Congress, underscoring how policy outcomes increasingly hinge on agency action rather than new laws.