#CryptoClarityAct Crypto Clarity Act The House of Representatives passed the Digital Asset Market Transparency Act on July 17, 2025, with a majority of 294 votes to 134 votes. The law establishes a functional framework: assets are classified according to their level of decentralization instead of a hobbyist test, and oversight is defined between the Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC).
• It creates new registration categories (such as digital commodity exchanges and brokers), a certification process for token projects, and paves the way for regulatory pathways for the decentralized finance (DeFi) sector and custody services.
• The law is now referred to the Senate, where the opinions of the sector are gathered.