#CryptoClarityAct The U.S. House of Representatives passed a major bipartisan bill in 2025 called the Digital Asset Market Clarity Act, or CLARITY Act (H.R. 3633). Its main goal is to provide a clear regulatory framework for digital assets in the US, resolving the long-standing dispute over who has jurisdiction—the Commodity Futures Trading Commission (CFTC) or the Securities and Exchange Commission (SEC). In order to give the crypto industry much-needed legal certainty, the Act attempts to classify digital assets by generally giving the SEC regulatory oversight of "investment contract assets" and the CFTC regulatory oversight of decentralized "digital commodities."
One of the main features of the CLARITY Act is that it defines "mature blockchain systems" as decentralized organizations and that the CFTC regulates the tokens that are associated with them as digital commodities. Additionally, it requires registration for cryptocurrency businesses, safeguards self-custody rights, and describes restricted fundraising exemptions for projects aiming for decentralization. While the Act is seen as an important step toward regulatory clarity and innovation in the U.S. digital asset market, some critics worry that it might put industry certainty ahead of full consumer protection, particularly by giving the CFTC control over some digital assets. The Senate has yet to consider the bill.