“CLARITY Act” most commonly refers to a proposed U.S. crypto market-structure bill whose goal is to clarify which federal regulator oversees different crypto assets and activities, and to set clearer rules for things like trading platforms, brokers/dealers, custody, disclosures, and consumer protections.
In plain terms, it’s intended to reduce the current “gray area” in the U.S. by answering questions like:
When is a token treated more like a commodity (typically pointing toward CFTC oversight)?
When is it treated more like a security (typically pointing toward SEC oversight)?
What compliance framework should crypto exchanges/trading venues follow?
A couple important notes:
There isn’t always just one “CLARITY Act.” People sometimes use the phrase informally to describe “regulatory clarity” bills, so it can refer to different drafts in different Congress sessions.
If you tell me where you saw it (a link/title, a date, or the bill number like “H.R. ____”), I can explain that exact version’s scope and what it would change.
If your question is specifically about crypto regulation in the U.S., I can also summarize how proposals like this usually impact: listings, stablecoins, staking products, and how exchanges register/operate.