Former US Commodity Futures Trading Commission (CFTC) Commissioner Brian Quintenz stated at Korea Blockchain Week (KBW 2026) that passing the Clarity Act is not the only way to reform the US cryptocurrency regulatory framework. He explained that the US Securities and Exchange Commission (SEC) and the CFTC can utilize their exemption authorities to fill regulatory gaps. Quintenz also noted that the adoption of tokenization in traditional finance has expanded this year, and the application areas of cryptocurrency are broadening beyond finance to include entertainment, music, and social networks.