The House Financial Services Committee has scheduled a hearing on the Digital Asset Market Clarity Act (H.R. 3633) for July 17 in New York.
First introduced and House Financial Services Chairman French Hill on May 29, 2025, the CLARITY Act is the most significant attempt yet to build a durable regulatory framework for digital assets in the United States.
Its central mechanism is a jurisdictional division: the Commodity Futures Trading Commission (CFTC) would receive exclusive authority over spot markets for “digital commodities” — most notably Bitcoin — while the Securities and Exchange Commission (SEC) retains jurisdiction over digital assets that qualify as…
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