CLARITY Act Senate action window
H.R.3633, Digital Asset Market Clarity Act of 2025. Who can act: U.S. senators.
H.R.3633, Digital Asset Market Clarity Act of 2025
Who can act: U.S. senators
↓ Congress can act on this
4 bills on this issue are moving right now — and the most active one is H.R.3633: Digital Asset Market Clarity Act of 2025.
H.R.3633 · 119th Congress
Digital Asset Market Clarity Act of 2025
Where do you stand on this bill?
Takes about 60 seconds
About this bill
What H.R.3633 actually does
This story is about Research lead: CLARITY Act Senate action window. This bill would create a statutory division of labor between the SEC and CFTC for digital-asset markets.
If passed, it would:
- create a statutory division of labor between the SEC and CFTC for digital-asset markets • impose rules on exchanges, brokers, dealers, disclosures, recordkeeping, and AML/BSA compliance.
3 other bills moving on this issue
Take action on any of them individually.
This story is about Research lead: CLARITY Act Senate action window. This bill would create a CFTC registration and conduct regime for digital commodity brokers and dealers.
If passed, it would
- create a CFTC registration and conduct regime for digital commodity brokers and dealers • preserve state anti-fraud authority while centralizing core federal oversight at CFTC.
This story is about Research lead: CLARITY Act Senate action window. This bill would bar Federal Reserve banks from offering retail CBDC-style accounts or products directly to individuals.
If passed, it would
- bar Federal Reserve banks from offering retail CBDC-style accounts or products directly to individuals • prohibit use of a CBDC for monetary-policy implementation and related Fed testing as described in the bill.
This story is about Research lead: CLARITY Act Senate action window. This bill would create a safe harbor for certain non-controlling developers or providers of distributed-ledger services.
If passed, it would
- create a safe harbor for certain non-controlling developers or providers of distributed-ledger services • clarify that merely publishing or maintaining software does not automatically trigger money-transmission treatment.