#CryptoClarityAct
The Crypto Clarity Act, formally known as the Digital Asset Market Clarity Act of 2025 (CLARITY Act), is a bipartisan bill introduced in the US Congress to provide regulatory clarity for digital assets. Here are the key points about the Act ¹ ²:
- *Purpose*: The CLARITY Act aims to define the regulatory roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in overseeing digital assets.
- *Key Provisions*:
- *Defines Digital Assets*: Clearly defines terms like "digital commodity," "mature blockchain system," and "permitted payment stablecoin" to avoid confusion.
- *Splits Oversight*: Assigns regulatory roles between SEC and CFTC, with SEC overseeing digital asset securities and CFTC regulating digital commodities.
- *Stablecoin Regulation*: Treats permitted payment stablecoins as digital commodities, subject to CFTC jurisdiction, while ensuring issuer regulation under banking laws.
- *Registration Requirements*: Mandates registration for crypto exchanges, brokers, and dealers dealing with digital commodities.
- *Decentralized Finance (DeFi)*: Provides safe harbors for DeFi activities, protecting developers and node operators from regulatory obligations.
- *International Coordination*: Encourages cooperation with global regulators and expands anti-money laundering rules to include crypto entities.
*Impact on the Crypto Industry*
- *Regulatory Certainty*: Provides clarity on digital asset classification, reducing uncertainty and potential litigation.
- *Innovation*: Encourages innovation by providing a predictable compliance environment for crypto businesses and investors.
- *Investor Protection*: Strengthens investor protection through clear disclosure requirements and regulatory oversight.
*Criticisms and Challenges*
- *Regulatory Confusion*: Some critics argue that the dual-oversight approach may deepen confusion about which agency enforces what.
- *Weakening SEC Oversight*: Consumer .
