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The Digital Asset Market Clarity Act would create a comprehensive regulatory system for digital assets (cryptocurrencies) that currently operate in a gray zone between multiple federal agencies. The bill would establish that the Commodity Futures Trading Commission (CFTC) generally regulates digital commodity transactions and exchanges, while clarifying the Securities and Exchange Commission's (SEC) role in overseeing certain digital assets. This addresses a long-standing problem where companies have faced uncertainty about which agency has authority over their operations.
The bill defines digital commodities as digital assets whose value relies on blockchain technology, excluding certain types like stablecoins and securities. It establishes requirements for digital commodity exchanges, brokers, and dealers to protect customer assets, maintain records, and comply with anti-money laundering rules. The bill also creates a "mature blockchain" standard—blockchains that are decentralized and not controlled by any single person or group—which would receive more favorable regulatory treatment.
For everyday citizens, this legislation would primarily affect those who buy, sell, or trade cryptocurrencies. If enacted, it would provide clearer rules for cryptocurrency exchanges and trading platforms, potentially making these markets safer by requiring better customer asset protection and record-keeping. It would also allow legitimate cryptocurrency businesses to operate more openly without fear of conflicting regulatory enforcement. The bill passed the House in July 2025 and is currently being reviewed by the Senate Banking Committee.
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Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 18, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 18, 2025
Securing Innovation in Financial Regulation Act
Introduced in House
Jun 3, 2025
Providing for consideration of the bill (H.R. 4016) making appropriations for the Department of Defense for the fiscal year ending September 30, 2026, and for other purposes; providing for consideration of the bill (H.R. 3633) to provide for a system of regulation of the offer and sale of digital commodities by the Securities and Exchange Commission and the Commodity Futures Trading Commission, and for other purposes; providing for consideration of the bill (H.R. 1919) to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes; providing for consideration of the bill (S. 1582) to provide for the regulation of payment stablecoins, and for other purposes; and waiving a requirement of clause 6(a) of rule XIII with respect to consideration of certain resolutions reported from the Committee on Rules.
Considered as unfinished business. (consideration: CR H3332)
Jul 16, 2025
Providing for consideration of the bill (H.R. 4922) to limit youth offender status in the District of Columbia to individuals 18 years of age or younger, to direct the Attorney General of the District of Columbia to establish and operate a publicly accessible website containing updated statistics on juvenile crime in the District of Columbia, to amend the District of Columbia Home Rule Act to prohibit the Council of the District of Columbia from enacting changes to existing criminal liability sentences, and for other purposes; providing for consideration of the bill (H.R. 5143) to establish standards for law enforcement officers in the District of Columbia to engage in vehicular pursuits of suspects, and for other purposes; providing for consideration of the bill (H.R. 5140) to lower the age at which a minor may be tried as an adult for certain criminal offenses in the District of Columbia to 14 years of age; providing for consideration of the bill (H.R. 5125) to amend the District of Columbia Home Rule Act to terminate the District of Columbia Judicial Nomination Commission, and for other purposes; providing for consideration of the bill (H.R. 1047) to require the Federal Energy Regulatory Commission to reform the interconnection queue process for the prioritization and approval of certain projects, and for other purposes; providing for consideration of the bill (H.R. 3015) to reestablish the National Coal Council in the Department of Energy to provide advice and recommendations to the Secretary of Energy on matters related to coal and the coal industry, and for other purposes; providing for consideration of the bill (H.R. 3062) to establish a more uniform, transparent, and modern process to authorize the construction, connection, operation, and maintenance of international border-crossing facilities for the import and export of oil and natural gas and the transmission of electricity; and for other purposes.
Pursuant to the provisions of H.Res. 722, H.Res. 707 is amended.
Sep 17, 2025