The Digital Asset Market Clarity Act of 2025, or the Clarity Act, is a bipartisan bill in the United States aimed at creating a comprehensive regulatory framework for digital assets. Introduced by the Chairman of the House Committee on Financial Services, French Hill, it seeks to resolve the long-standing jurisdictional dispute between the SEC and CFTC.
The Act defines various categories of digital assets (securities, commodities, stablecoins), placing primary regulation of "digital commodities" under the CFTC, including spot markets.