#CryptoClarityAct If You're Referring to Something Specific
Here are a few possibilities that may align with what you're referencing:
1. U.S. Congressional Bills (like FIT21)
In 2024, the U.S. House passed the Financial Innovation and Technology for the 21st Century Act (FIT21), which:
Aims to clarify the roles of the SEC and CFTC in regulating crypto.
Provides clearer definitions for digital commodities vs. securities.
Creates pathways for token registration and trading compliance.
This bill was seen by many as a step toward the kind of “crypto clarity” the industry has been demanding.
2. Campaign Hashtag or Policy Agenda
The #CryptoClarityAct hashtag could also be part of a political campaign platform (such as those by pro-crypto politicians like Robert F. Kennedy Jr. or Vivek Ramaswamy) advocating for:
Regulatory reform
Innovation-friendly frameworks
Protection of digital property rights and privacy
3. Advocacy & Industry Use
Organizations like Coin Center, the Blockchain Association, and others have used similar phrasing in lobbying efforts for laws that:
Reduce uncertainty from SEC enforcement
Support DeFi innovation
Enable token issuances without fear of sudden enforcement
Key Concepts Behind a “Crypto Clarity Act”
Token classification (commodity vs. security)
Jurisdiction clarity (SEC vs. CFTC)
Smart contract legality
Consumer protections
Clear tax treatment of crypto transactions