The US House of Representatives has officially passed the Digital Asset Market Structure Clarity Act, known as the CLARITY Act.
The bill creates clear definitions for digital assets and divides regulatory oversight between the SEC and CFTC. Lawmakers voted to pass the bill after days of political gridlock during “Crypto Week.”
The act defines when a token is a security or a commodity. It allows projects to certify as “mature blockchains,” reducing oversight if sufficiently decentralized.
It also creates new CFTC-registered categories for digital asset exchanges and brokers. These entities must meet strict standards on custody, AML, and transparency.
Importantly, the act establishes a $75 million safe-harbor exemption for issuing digital commodities. Issuers must provide regular disclosures and comply with investor protections.
The bill affirms individuals’ right to self-custody crypto wallets. It also preempts conflicting state laws, ensuring national regulatory consistency.
The CLARITY Act now heads to the Senate, where its future remains uncertain. Some Democrats have raised concerns over reduced SEC authority.
However, its House passage marks the most comprehensive US crypto legislation to date. It provides long-awaited regulatory clarity for projects, exchanges, and investors.
If passed by the Senate, the bill would become law once signed by President Trump. His administration has expressed strong support for the measure.
This vote follows the House’s earlier approval of the GENIUS Act—a stablecoin regulation bill—expected to be signed into law today.
The Senate will now review the bill. If approved, implementation would begin in 2026 through SEC and CFTC rulemaking. The industry awaits final details.
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