#CryptoClarityAct #CryptoClarityAct
The Crypto Clarity Act, also known as the Digital Asset Market Clarity Act of 2025, is a landmark legislation aimed at resolving the long-standing regulatory dispute between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over cryptocurrency oversight.
*Key Provisions:
- *Classification of Digital Assets: The Act classifies most cryptocurrencies, such as Bitcoin, as commodities under CFTC jurisdiction, exempting mature blockchains from SEC registration.
- *Anti-Money Laundering (AML) Measures: The bill imposes stringent AML measures, trade monitoring, and recordkeeping obligations on digital commodity exchanges, brokers, and dealers.
- *Provisional Registration: It establishes provisional registration pathways for crypto companies, allowing them to operate while finalizing compliance.
- *Federal Licensing Framework: The Act sets the foundation for a federal licensing regime, granting compliant firms the ability to operate across the US under a unified regulatory framework.
*Impact:
- *Regulatory Clarity: The Act provides much-needed regulatory clarity, allowing businesses to comply with the correct rules and reducing the risk of conflicting regulatory demands.
- *Innovation and Growth: Clear rules can encourage innovation by providing a predictable environment for startups and established companies, attracting more investment and talent to the US digital asset sector.
- *Investor Protection: The Act ensures transparency and accountability in digital asset transactions, safeguarding investors from fraud and manipulation.
*Current Status:
- *House Passage: The US House of Representatives passed the Clarity Act on July 17, 2025, marking a significant step towards establishing a clear regulatory framework for cryptocurrencies.
- *Senate Consideration: The bill is now headed to the Senate, where it will undergo further scrutiny and debate before potentially becoming law.