#CryptoClarityAct As of today, July 23, 2025, the U.S. Senate is actively reviewing the Crypto Clarity Act after the House passed it last week with strong bipartisan support (294–134). The act seeks to clearly define which digital assets are securities (regulated by the SEC) and which are commodities (regulated by the CFTC). Today’s news highlights a new 35-page Senate draft bill, released for public feedback, focusing on industry definitions, DeFi regulations, and joint SEC-CFTC oversight. Lawmakers emphasize that this is a step toward ending regulatory confusion and promoting innovation. The crypto industry is watching closely for Senate progress and amendments.