#CryptoClarityAct

The Crypto Clarity Act, also known as the CLARITY Act, is a game-changer for the crypto industry! This bill aims to bring regulatory clarity to the US crypto market by defining digital assets and dividing oversight between the SEC and CFTC. The key provisions include ¹ ² ³:

- *Clear Definitions*: Establishing consistent legal definitions for terms like blockchain, digital asset, and digital commodity.

- *Regulatory Oversight*: Splitting oversight between the SEC and CFTC, depending on whether the asset is a security or commodity.

- *Mature Blockchain Systems*: Allowing projects to certify as "mature blockchains" and reducing oversight for decentralized networks.

- *Safe-Harbor Exemption*: Creating a $75 million safe-harbor exemption for digital commodity issuers.

- *Self-Custody*: Affirming individuals' right to self-custody their crypto assets.

The House of Representatives passed the CLARITY Act on July 17, 2025, marking a significant step toward unified federal crypto regulation. The bill now heads to the Senate for review ¹ ⁴.