#CryptoClarityAct
CLARITY Act – What is it, and why is it important?
Digital Asset Market Clarity Act of 2025 (H.R. 3633): Introduced in the House on May 29, 2025, and passed on July 17, 2025, with a vote of 294–134
Its purpose is to categorize digital assets into two categories:
Digital Commodities: such as Bitcoin, tokens with a fully decentralized network (regulated by CFTC)
Investment contract assets: can be a security at the start of fundraising, but may fall under CFTC jurisdiction with decentralization
Previously, there was a turf war between the SEC and CFTC; this bill eliminates that ambiguity, providing both crypto businesses and investors with a clear understanding of the rules
🔍 Key Provisions
Jurisdiction clarity: CFTC will have authority over spot digital commodities, while the SEC will regulate investment-like tokens
Blockchain maturity standard: the 'maturity' of a blockchain will be determined based on decentralization; it will be monitored by both the SEC and CFTC
Safe-harbor exemption: some startup token sales (such as $75M fundraising) will receive temporary relief from registration, provided that proper disclosures are in place
DeFi/Wallet exemptions: Non-custodial wallet providers, nodes, validators, etc., are exempt from SEC oversight