#CryptoClarityAct LATEST UPDATE "CRYPTO CLARITY ACT"

🏛️ Legislative Status

The CRYPTO CLARITY Act (H.R. 3633) was approved by the U.S. House of Representatives on July 17, 2025, with a vote of 294–134 and bipartisan support.

📘 Key Provisions & Industry Impact

Clarity of jurisdiction: This bill clearly assigns regulation of digital commodities (e.g., $BTC, $ETH) to the CFTC, while tokens classified as securities fall under the oversight of the SEC. The asset type criteria depend on the maturity of decentralization and issuer submission.

Temporary registration & compliance: Platforms dealing with digital assets must adhere to trading monitoring, record-keeping, AML/KYC rules, and custodian protection, aligning them with traditional financial institutions.

Developer protection: Key amendments integrate the Regulatory Certainty for Blockchain Act, explicitly excluding non-custodial developers from classification as money transmitters—this 2019 FinCEN guidance received support from Uniswap, Jump, Coin Center, Paradigm, and others.

🌐 Broader Implications & Momentum

Industry support: Over 65 crypto and technology companies, including Coinbase and Dapper Labs, have publicly endorsed this bill, warning that regulatory uncertainty drives talent overseas to jurisdictions like the European Union and Singapore.

Regulatory synergy: The CRYPTO CLARITY Act follows the newly enacted GENIUS Act, which regulates stablecoins. Together, they form part of a coordinated legislative push—along with the Anti-CBDC State Surveillance Act—during the “Crypto Week” set by Congress.

🧠 Why This Matters

Legal certainty for tokens: Clear rules on classification and oversight could unlock institutional adoption—assets like Bitcoin and Ether could be officially classified as commodities, reducing regulatory burdens.

U.S. leadership: With frameworks like the EU's MiCA already in place,