#CryptoClarityAct

In a historic step to regulate digital currencies, the U.S. House of Representatives approved on July 17, 2025, the Digital Asset Market Clarity Act, known as the CLARITY Act, with a majority of 294 votes to 134. The law stipulates the division of regulatory powers over digital assets between two agencies: the CFTC will oversee decentralized assets (such as Bitcoin), while the SEC will monitor assets that are offered as investment contracts. The law aims to eliminate the ambiguity of current rules, facilitate the registration of platforms and banks, and establish requirements to protect investors from fraud and asset mixing. Despite widespread welcome from companies like Coinbase and Kraken, critics warn that broad exemptions may allow companies to engage in risky activities with weak legal protection.

The law has now been presented to the Senate Banking Committee, which has issued its own draft to enhance the regulatory framework with additional measures.