H.R. 3633Heading to a voteJobs & the economy
Bill would split crypto oversight between SEC and CFTC
Data as of July 11, 2026
The Digital Asset Market Clarity Act assigns most crypto oversight to the CFTC while the SEC keeps authority over security-like tokens.40-second read · 4 questions answered below
Decoded
What does this do?
The bill creates legal definitions for digital assets and blockchain systems, giving the CFTC day-to-day oversight of digital commodity trading while the SEC retains authority over tokens that function like securities. It sets up registration rules for exchanges, brokers, and dealers, allows token sales under certain limits, and creates a process to certify blockchains as "mature," which eases securities-law requirements.
Who does it affect?
Cryptocurrency companies, exchanges, and token issuers would face new registration and disclosure rules; everyday crypto users and investors would gain legal protections but also new compliance requirements.
Why does it matter?
The law would require the SEC and CFTC to write numerous new rules and hire staff, reshaping how crypto companies operate and how users' wallets, transactions, and custody arrangements are regulated.
Where does it stand?
- Introduced
- House committee
- House vote — You are here
- Senate
- President's desk
Right now: it's headed for a House floor vote. If the Senate changes it, it goes back to the House before reaching the President.
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How it's being covered
Real reporting on this bill, labeled by each outlet's political lean.
- CLARITY Act misses July target making August 7 a critical date for the bill
cryptoslate.comJul 9, 2026
- CLARITY Act July Senate Schedule Stalled Amid Housing Bill Veto Standoff
newsbtc.comJun 26, 2026
- Cynthia Lummis highlights CLARITY Act’s protections for developers and law enforcement tools
cryptobriefing.comMay 13, 2026
- Bitcoin, Ethereum, XRP, ADA Rally Sharply After Senate Banking Committee Advances CLARITY Act
crowdfundinsider.comMay 15, 2026
- Clarity Act gains support from Chuck Grassley ahead of Senate vote
cryptobriefing.comMay 12, 2026
Lean labels describe the news outlet, not this bill or any party. Ratings by AllSides.
Official title
Digital Asset Market Clarity Act
- Introduced:
- May 29, 2025
- Latest action:
- June 1, 2026
Placed on Senate Legislative Calendar under General Orders. Calendar No. 423.
Read the official bill on Congress.govMake the call
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