
Digital Asset Market Clarity Act of 2025
Policy Area: Finance and Financial Sector
Sponsor: Rep. Hill, J. French [R-AR-2] (R-AR)
Latest Action (2025-09-18): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Digital Asset Market Clarity Act of 2025 or the CLARITY Act of 2025This bill establishes a regulatory framework for digital commodities, defined by the bill as digital assets that rely upon a blockchain for their value.The Commodity Futures Trading Commission must generally regulate digital commodities transactions, including digital commodity exchanges, brokers, and dealers. To qualify for trade on an exchange (1) a digital commodity’s blockchain must be mature, or on a blockchain system that has achieved decentralized control as defined by the bill; or (2) the issuer of the digital commodity must file certain reports. The bill establishes requirements for trade monitoring, recordkeeping, and the commingling of customer assets. The bill exempts digital commodities on mature blockchains (and digital commodities on blockchains expected to mature within certain timeframes) from Securities and Exchange Commission (SEC) registration requirements if annual sales fall under a certain amount and other requirements are met. The bill provides the SEC with jurisdiction over digital commodity activities and transactions engaged in by certain brokers and dealers on alternative trading systems and by national securities exchanges. Digital commodity exchanges, brokers, and dealers are subject to the Bank Secrecy Act for anti-money laundering and related purposes.The bill also sets forth requirements for alternative trading systems, previously issued digital c
Subjects: Advanced technology and technological innovations, Bank accounts, deposits, capital, Banking and financial institutions regulation, Business records, Computer security and identity theft, Computers and information technology, Currency, Data collection, sharing, protection
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How members voted on HR3633. 0 total positions across all roll calls for this bill.
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HR3633 is the Digital Asset Market Clarity Act of 2025, introduced in the House of the 119th U.S. Congress by Rep. Hill, J. French [R-AR-2] (R-AR). Digital Asset Market Clarity Act of 2025 or the CLARITY Act of 2025This bill establishes a regulatory framework for digital commodities, defined by the bill as digital assets that rely upon a blockchain for their value.The Commodity Futures Trading Commission must generally regulate digital commodities transactions, including digital commodity exchanges, brokers, and dealers. To qualify for trade on an exchange (1) a digital commodity’s blockchain must be mature, or on a blockchain system that has achieved decentralized control as defined by the bill; or (2) the issuer of the digital commodity must file certain reports.
HR3633 was sponsored by Rep. Hill, J. French [R-AR-2] (R-AR). Cosponsors and roll-call positions are listed on this page.
As of 2025-09-18, HR3633 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs..
HR3633 has had 1 roll-call vote on record. The most recent: 2025-07-17 — Yea-and-Nay (Passed).
HR3633 is categorized under "Finance and Financial Sector." Browse other bills in this area at /topic-finance-and-financial-sector/.
Each member’s vote is shown on this page, with party affiliation, state, and the official vote question. Click any member to see their full voting record.