Clarity Act Amendments Set Stage for Key Crypto Regulation Vote
The House Financial Services Committee prepares to vote on an amended version of the CLARITY Act, marking a pivotal moment for U.S. digital asset regulation. The updated framework introduces clearer definitions for cryptocurrencies, stablecoins, and DeFi assets, explicitly distinguishing between "digital commodities" and "securities." This delineation aims to resolve jurisdictional conflicts between the SEC and CFTC.
Two committee versions of the bill—from Financial Services and Agriculture—will undergo separate markups before merging into final legislation. The revised text reportedly includes operational tweaks that could significantly impact how agencies oversee crypto markets. Market participants anticipate the outcome could reduce regulatory ambiguity for tokens like BTC, ETH, and SOL.