#CryptoClarityAct

The House of Representatives passed the Digital Asset Market Clarity Act on July 17, 2025, with a majority of 294 votes to 134 votes. The law establishes a functional framework: assets are classified based on their level of decentralization instead of a hobbyist test, and oversight is defined between the Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC).

• It creates new registration categories (such as digital commodity exchanges and brokers), an approval process for token projects, and paves the regulatory paths for the decentralized finance (DeFi) sector and custody services.

• The law is now referred to the Senate, where opinions are being gathered.