#CryptoClarityAct
The Crypto Clarity Act, also known as the Digital Asset Market Clarity Act of 2025, aims to bring regulatory clarity to the cryptocurrency industry in the United States. Introduced by Representative French Hill, the bill seeks to resolve the jurisdictional conflict between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) regarding digital assets.
*Key Provisions:*
- *Defines Digital Assets Clearly*: Establishes consistent legal definitions for terms like blockchain, digital asset, and digital commodity to avoid confusion.
- *Splits Oversight between SEC and CFTC*: Assigns regulatory roles based on how a digital asset is used, with the SEC handling investment offerings and the CFTC overseeing commodities and trading.
- *Creates "Investment Contract Assets"*: Allows certain tokens that started as securities to be treated as commodities if they become decentralized.
- *Requires Crypto Businesses to Register*: Exchanges, brokers, and dealers dealing with digital commodities must register with the CFTC or risk penalties.
- *Allows Limited Fundraising without SEC Registration*: Projects can raise up to $75 million annually under disclosure requirements if their blockchain aims to become decentralized.
- *Protects Self-Custody Rights*: Individuals are guaranteed the right to hold and use digital assets in their own wallets without needing a bank or intermediary ¹ ².
*Benefits:*
- *Predictable Oversight*: Provides clarity for crypto companies, startups, and large platforms, allowing them to focus on innovation and product development.
