#CryptoClarityAct #CryptoClarityAct
The #CryptoClarityAct, officially known as the Digital Asset Market Structure Clarification Act, aims to enhance regulatory clarity in the field of digital assets in the United States. It was introduced by Representative French Hill on May 29, 2025, and passed by the House of Representatives on July 17, 2025. Here are some key points about the law ¹ ²:
- *Definition of Digital Assets*: The law clearly defines digital assets and provides consistent legal definitions for terms such as blockchain, digital assets, and digital commodities.
- *Regulatory Oversight*: Oversight is divided between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) based on how digital assets are used. The SEC is concerned with investment offerings, while the CFTC is focused on commodities and trading. - *Key Provisions*:
- *Investment Contract Assets*: This regulation allows certain tokens that started as securities to be treated as commodities if they become decentralized.
- *Registration Requirements*: Cryptocurrency companies are required to register with the Commodity Futures Trading Commission (CFTC) or face penalties.
- *Limited Fundraising*: Allows projects to raise up to $75 million annually under disclosure requirements if their blockchain aims to become decentralized.
- *Mature Blockchain Systems*: Defines mature blockchain systems