BitGo CEO warns US regulators may act independently if Clarity Act fails

https://fortune.com/ranking/crypto/2026/bitgo/ The CEO of BitGo has issued a warning that regulators in the United States may proceed with their own rulemaking efforts if the Clarity Act does not pass into law. The Clarity Act, a significant piece of legislation aimed at delineating regulatory oversight of digital assets between the SEC and CFTC, has passed the House but not become law. The CEO’s comments suggest that regulatory bodies are prepared to act independently to establish guidelines for the crypto market, a move that could impact the Act’s trajectory. This development has been noted amid ongoing discussions about the future of the Clarity Act and its potential implications for the crypto industry. Key Takeaways The warning from the BitGo CEO suggests that regulators may independently pursue rulemaking if the Clarity Act fails. This development appears consistent with a decreased likelihood of the Clarity Act becoming law in 2026. Market pricing reflects this shift, as evidenced by a recent decrease in the likelihood of the Act’s passage. What to Watch Observers will be looking at how the Senate Banking Committee and other key legislative bodies respond to this warning. De...