$BNB The "Crypto Clarity Act," officially known as the Digital Asset Market Clarity Act of 2025, is landmark legislation in the United States aimed at providing a comprehensive regulatory framework for digital assets. It was introduced by Representative French Hill (R-AR) on May 29, 2025, with bipartisan support.
Objectives and key provisions:
The primary goal of the Crypto Clarity Act is to bring the long-awaited legal and regulatory certainty to the cryptocurrency market. Key provisions include:
* Defining digital assets: The law aims to clearly define which digital tokens are "digital commodities" and which are "digital securities." This is crucial for resolving the long-standing jurisdictional overlap and the "territorial war" between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).