#CryptoClarityAct The Crypto Clarity Act, formally known as the Digital Asset Market Clarity Act of 2025, aims to establish a comprehensive regulatory framework for digital assets in the United States. Introduced by Representative French Hill, this bipartisan bill seeks to clarify the roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in regulating cryptocurrencies.

*Key Provisions:*

- *Digital Commodities*: The bill defines digital commodities as digital assets intrinsically linked to a blockchain system, placing them under CFTC jurisdiction.

- *Regulatory Oversight*: The CFTC would oversee digital commodity spot markets, while the SEC would regulate securities and anti-fraud policies.

- *Registration Regimes*: Crypto firms would need to register with either the CFTC or SEC, depending on whether they handle digital commodities or securities.

- *Disclosure Requirements*: Issuers of digital commodities must provide detailed operational and economic information.

- *Certification of Decentralization*: Issuers can file a "Certification of Decentralization" to assert their blockchain network meets decentralization standards.

*Impact on the Industry:*

- *Clear Guidelines*: The bill provides clearer guidelines for market participants and fosters innovation.

- *Consumer Protection*: It emphasizes consumer protection, innovation, and institutional clarity for investors and entrepreneurs.

- *Jurisdictional Clarity*: The bill aims to resolve the longstanding jurisdictional ambiguity between the SEC and CFTC.

*Progress and Challenges:*

- *Bipartisan Support*: The bill has gained bipartisan support, including backing from Representatives Ritchie Torres and Dusty Johnson.

- *Committee Votes*: It passed the House Agriculture Committee and the House Financial Services Committee ).

- *Concerns*: Some Democratic lawmakers have raised concerns about potential regulatory loopholes and conflicts of interest ¹ .