Tyler Winklevoss, co-founder of Gemini, is urging Washington to establish cryptocurrency regulations under the current SEC Chair Paul Atkins and CFTC Chair Brian Selig. He fears that a future administration could appoint a chair closer to Gary Gensler, whose litigation-driven regulatory approach left the industry without clear guidance. Brian Selig brings rare cross-agency expertise, having previously served as chief counsel on the SEC’s own crypto task force under Atkins. The legislative backdrop centers on the CLARITY Act, a bill designed to clarify the respective jurisdictions of the SEC and CFTC over digital assets. Both agencies have committed to issuing joint rules before the end of the current administration, even if the CLARITY Act fails to pass.
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