Coinbase CFO says SEC and CFTC path exists if Clarity Act fails in Congress

September 11, 2026 at 09:34 PM1 min

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Coinbase CFO Alesia Haas said the company has a backup regulatory path through the SEC and CFTC if the Clarity Act fails in Congress. A key Senate cloture vote on the bill is scheduled for Sept. 15. Haas cited agency-level innovation by SEC Chair Atkins and CFTC Chair Selig as the basis for the alternative route.

Key Facts

Coinbase CFO Alesia Haas outlined three paths to regulatory clarity: Congress, the agencies, or the court system.
A key Senate cloture vote on the Clarity Act is scheduled for Sept. 15.
Sen. Cynthia Lummis warned that if the bill fails this Congress, the next realistic window for market-structure rules may not open until 2030.
Coinbase COO Emilie Choi said the company would not roll back its product ambitions if the act does not pass.

Backup Regulatory Path

Haas said the SEC and CFTC have been innovative in rulemaking under Chair Atkins and Chair Selig. She expressed confidence that Coinbase could offer new products and services through agency-level actions. The Clarity Act aims to define clear jurisdiction between the SEC and the CFTC for the US crypto industry.

Legislative Timeline

The Senate cloture vote on Sept. 15 will determine whether the bill advances. Sen. Lummis argued that failure to pass the bill this Congress could delay meaningful rules until 2030. If the procedural vote fails, the legislative process resets, leaving digital asset firms without a federal framework.