#CryptoClarityAct
Crypto Clarity Act Overview
The *Crypto Clarity Act*, officially known as the Digital Asset Market Structure Clarity Act, is a bill aimed at bringing regulatory clarity to the digital asset space in the United States. It was passed by the U.S. House of Representatives on July 17, 2025 .
Key Provisions of the Crypto Clarity Act
- *Defines Digital Assets*: Establishes clear definitions for terms like _blockchain_, _digital asset_, and _digital commodity_ to avoid confusion.
- *Regulatory Oversight*: Splits oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) based on whether a digital asset is classified as a security or a commodity.
- *Registration Requirements*: Requires crypto businesses dealing with digital commodities to register with the CFTC.
- *Safe Harbor for Fundraising*: Allows projects to raise up to $75 million annually without SEC registration if their blockchain aims to become decentralized.
- *Mature Blockchain Systems*: Defines criteria for _mature blockchain systems_, allowing for streamlined capital raising through token sales.
Implications of the Crypto Clarity Act
- *Regulatory Clarity*: Brings much-needed structure to the crypto market, reducing uncertainty for businesses and investors.
- *Innovation and Growth*: Clear rules can encourage innovation and position the U.S. as a leader in digital finance.
- *Investor Protection*: Enhances protections for investors by establishing guidelines for market conduct and compliance .
The bill now heads to the Senate for review. Would you like me to look into more details about the Crypto Clarity Act or provide updates on its progress?