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Digital Asset Market Clarity Act (H.R. 3633)
The Digital Asset Market Clarity Act (H.R. 3633) marks a rare bipartisan stride toward clear crypto regulation. It defines “digital commodities,” allocates primary oversight to the CFTC while preserving SEC’s fraud authority, and enforces customer asset protection and AML measures. Embracing mature blockchain criteria and provisional registration, the bill aims to protect users, encourage institutional growth, and clarify market structure. Alongside sister bills like GENIUS, it's transforming U.S. crypto regulation from ambiguity to legal certainty—though critics caution against over-specification. The act’s passage and implementation via agency rulemaking are now top priorities for shaping the future of digital asset oversight.
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