The American representative French Hill announced the introduction of the structure invoice of the long -awaited market for digital assets. The “Digital Asset Market Clarity Act of 2025” or “Clarity Act of 2025” is delivered with the support of the legislators on both sides of the aisle, including three Democratic co-sponsors.
The bill covers the roles of the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on the surveillance of digital assets, seeking to resolve long -standing issues on the agency which oversees the types of digital assets.
“I am proud to present the Bipartisan Clarity Act with my colleagues,” said Hill in a statement on May 29. “Our bill provides long -awaited clarity to the digital asset ecosystem, prioritizes consumer protection and American innovation, and builds our work in the 118th congress.”
Under the Clarity Act, the developers would be required to provide precise and relevant disclosure detailing the operations, the property and the structure of a project.
The bill also presents new compliance requirements for companies intended for customers such as brokers and dealers, including clear disclosure to customers, the segregation of assets of business funds and the attenuation of interest conflicts through strict registration, transparency and operational standards.
In addition, the law establishes “complete registration schemes” which would allow digital asset companies to legally serve customers on the American market.
“The Clarity Act will provide clear road rules that entrepreneurs, investors and consumers deserve,” said representative Ritchie Torres in a statement.
The bill emerged from the committee of the Chamber of Financial Services. The committee had previously worked on the Fit21 law, which was adopted from the House of Representatives but stopped in the Senate. Audiences for a bill on the structure of the market initially started in April in the subcommittee of digital assets, financial technology and artificial intelligence.
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Market structure, stablecoin bills accent points placed on congress
The structure of the market and the Stablecoin bills have long been accent on the Congress, which has sought to regulate the emerging cryptographic industry in the United States.
The representative Ro Khanna said in March that the congress “should be able to obtain” both a stable bill and a bill on the structure of the market this year. The Stable Bill, known as Genius Act, faces a full vote from the Senate after adopting a procedural vote earlier in May.
The Trump administration has put pressure for the passage of the law on genius, with the Treasury Secretary Scott Bessent and the Cryptographic Tsar David Sacs to defend it publicly. The bill initially lost key support in May by the Democrats who protest against the cryptographic ties of US President Donald Trump.
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