The latest bill passed on May 29, 2025, introduces a comprehensive regulatory framework for digital commodities, defining them as digital assets reliant on blockchain technology. This marks a significant step toward clearer regulations in the crypto space.
The CLARITY Act aims to define clear rules for the digital asset market, split oversight between SEC and CFTC, and ensure consumer protection while supporting innovation. The House Financial Services Committee plans a vote on June 10, 2025, with bipartisan backing for passage before August recess.