#CryptoClarityAct The Digital Asset Market Clarity Act—aka the CLARITY Act—is gaining momentum. Passed by the U.S. House (294–134) on July 17, this bipartisan bill defines clear legal categories for crypto, distinguishing digital commodities (under CFTC oversight) from securities (under the SEC) and codifies “investment contract assets” for tokens that decentralize over time . It also enshrines the right to self‑custody and mandates issuer disclosures. Supporters say it replaces regulatory ambiguity with structured guidance; critics warn it may weaken SEC protections and enable regulatory avoidance . Now headed to the Senate, its passage could signal a transformative shift toward mainstream crypto adoption.