#CryptoClarityAct El **Crypto Clarity Act** (formally known as *Digital Asset Market Structure Clarity Act*) is a legislative proposal from the U.S. that seeks to resolve the regulatory chaos that has surrounded digital assets for years. Here is a clear and straightforward summary:

### 🧩 What does it seek to resolve?

- Defines whether a digital asset is a **security** (SEC) or a **digital commodity** (CFTC).

- Establishes criteria to determine whether a token should be under the supervision of the SEC or the CFTC, depending on its use and level of decentralization.

### 🏛️ Division of powers

- **SEC**: regulates tokens offered as investments (for example, ICOs).

- **CFTC**: regulates tokens that function as commodities (for example, utility or exchange tokens).

### 🔍 Key concepts

- **Investment contract asset**: tokens that start as securities but can become commodities if they are decentralized.

- **Mature blockchain**: a network that is not controlled by a single entity and meets criteria for decentralization and transparency.

- **Permitted stablecoins**: stablecoins backed 1:1 by fiat, issued by regulated entities.

### 📜 Requirements for projects

- Mandatory registration with the CFTC for exchanges, brokers, and dealers operating with digital commodities.

- Projects can raise up to $75 million per year without SEC registration if they meet decentralization requirements.

- Obligation to disclose information about project development, token economics, and risks.

### 🛡️ User protection

- Guarantees the right to **self-custody** of digital assets.

- Strengthens anti-money laundering (AML) and know your customer (KYC) regulations.

- Establishes rules to remove insecure tokens from trading platforms.

### ⚖️ Criticisms

- Some legislators and experts fear it may weaken SEC oversight.

- It is argued that it could allow large companies to evade regulations by issuing tokens as commodities.

This act was approved by the House of Representatives in July 2025