#CryptoClarityAct The bill, which seeks to define how digital assets are regulated in the United States, now heads to the House Financial Services Committee for further consideration before it can proceed to a full vote in the House.

The legislation is designed to bring clear rules to the crypto industry, particularly around whether digital assets are classified as securities or commodities.

This distinction will determine whether the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC) will have jurisdiction over specific assets.

House Lawmakers Vote 47–6 to Advance CLARITY Act Toward Full House Vote

Committee Chair GT Thompson confirmed the bill’s advancement, stating that it would move forward to the House for review. Lawmakers who opposed the bill were invited to submit their formal dissent by Friday.

“The legislation aims to provide clarity and structure,” said Rep. French Hill of Arkansas, who has backed the bill and introduced a separate amendment. “It’s not about bailouts—it’s about consistency.”