Chairman of the Financial Services Committee of the French National Assembly: The encryption regulations of SEC and CFTC do not provide for permanent changes to the 'Clear Act'

According to CoinMeta, as reported by Cointelegraph, the chairman of the French National Assembly's Financial Services Committee, French Hill, stated that the encryption regulations of SEC and CFTC "fail to achieve" the permanent changes that the Clear Act is intended to provide. He hopes that the parliament will pass this act before the new legislative session begins in 2027.