#CryptoClarityAct

The CLARITY Act, passed by the U.S. House on July 17, 2025, establishes a federal framework classifying digital assets based on decentralization and economic function. Assets deemed sufficiently decentralized qualify as digital commodities and fall under CFTC oversight, while tokens used as investment contracts remain under SEC jurisdiction. The bill defines criteria for “mature blockchains” (e.g. decentralized governance, <20% insider ownership) and provides exemptions—allowing fundraising of up to $75 million without full SEC registration. It recognizes DeFi protocols, shields self‑custody, and eliminates ambiguous dual‑agency enforcement by clarifying regulatory roles. (cryptobriefing.com)

barrons.com

investors.com

investopedia.com