☑️LATEST UPDATE " CRYPTO CLARITY ACT"

🏛️ Legislative Status

The CLARITY Act (H.R. 3633) passed the U.S. House of Representatives on July17, 2025, in a 294–134 vote with bipartisan support.

📘 Key Provisions & Industry Impact

Jurisdictional clarity: The bill clearly assigns regulation of digital commodities (e.g., $BTC ,$ETH ) to the CFTC, while tokens classified as securities fall under the SEC's purview. Asset-type criteria hinge on decentralization maturity and issuer filings.

Provisional registration & compliance: Platforms dealing in digital assets must observe trade monitoring, record keeping, AML/KYC rules, and custodial safeguards, aligning them with traditional financial institutions.

Developer protections: A key amendment integrates the Blockchain Regulatory Certainty Act, explicitly excluding non-custodial developers from being classified as money transmitters—this martialing of FinCEN’s 2019 guidance received support from Uni swap, Jump, Coin Center, Paradigm, and more.

🌐 Broader Implications & Momentum

Industry backing: Over 65 crypto and tech firms, including Coinbase, and Dapper Labs, publicly supported the bill, warning that regulatory ambiguity pushes talent offshore to jurisdictions like the EU and Singapore.

Regulatory synergy: The CLARITY Act follows the recently enacted GENIUS Act, which governs stable coins. Together, they form part of a coordinated legislative push—alongside the Anti‑CBDC Surveillance State Act-during Congress’s designated “Crypto Week”.

🧠 Why It Matters

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

U.S. leadership: With frameworks like EU’s MiCA already in place, CLARITY could help retain crypto business and talent domestically if enacted effectively.

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