Digital Asset Market Clarity Act of 2025
House Passes Digital Asset Market Clarity Act, Banning a Federal Digital Dollar
Stalled
No legislative action in over 90 days.
Legislative Progress
294–134
Key Points
Impact Analysis
Personal Impact
Life & Work
The bill includes statutory disqualification provisions that prevent people with certain criminal or regulatory backgrounds from working as associated persons of digital commodity brokers or dealers. People with past violations of securities or commodities laws may be barred from the industry. This extends existing financial industry fitness standards to the new digital commodity sector.
Activities
Milestones
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Motion to reconsider laid on the table Agreed to without objection.
On passage Passed by the Yeas and Nays: 294 - 134 (Roll no. 199). (text of amendment in the nature of a substitute: CR H3373-3397)
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 294 - 134 (Roll no. 199).
The House of Representatives voted to approve this bill. It now goes to the Senate.
Considered as unfinished business. (consideration: CR H3449)
Vote Results
1 voteRelated News
5 articlesUS CLARITY Act Could Pass by April, Says Sen. Bernie Moreno
Senator Bernie Moreno expressed confidence that the Digital Asset Market Clarity Act of 2025 could pass by April. The bill aims to establish national rules, dividing oversight between the SEC for securities and the CFTC for commodities, while resolving disputes over stablecoin yields.
The CLARITY Act Provides More Transparency for Crypto Oversight
The CLARITY Act is a bipartisan effort to establish a regulatory regime for cryptocurrency. It draws boundaries between the SEC and CFTC, excluding activities like validating transactions and developing self-custodial wallet software from the Securities Exchange Act of 1934.
Digital Asset Expert Reflects on Busy Crypto Week
The House advanced the Digital Asset Market Clarity Act (H.R. 3633) and the Anti-CBDC Surveillance State Act. The former establishes rules for digital commodities overseen by the SEC and CFTC, while the latter prohibits the Federal Reserve from creating a central digital bank.
Source Information
Document Type
Congressional Bill
Official Title
Digital Asset Market Clarity Act of 2025
Data Sources
Sponsor
Cosponsors
(21)Analysis generated by AI. Always verify with official sources.