U.S. Congress legislation · 119th Congress
HB3633: Digital Asset Market Clarity Act
Status: Passed one chamber, September 15, 2026
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.
What the bill says
An act 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, 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.
From the introduced text, June 1, 2026:
AN ACT 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, 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. SECTION 1. Short titles; table of contents (a) Short titles This Act may be cited as the Digital Asset Market Clarity Act of 2025 or the CLARITY Act of 2025 and the Anti-CBDC Surveillance State Act . (b) Table of contents The table of contents for this Act is as table of contents. Title I--Definitions; Rulemaking; Expedited Registration Sec. 101. Definitions under the Securities Act of 1933. Sec. 102. Definitions under the Securities Exchange Act of 1934. Sec. 103. Definitions under the Commodity Exchange Act. Sec. 104. Definitions under this Act. Sec. 105. Rulemakings. Sec. 106. Expedited registration for digital commodity exchanges, brokers, and dealers; provisional status. Sec. 107. Commodity Exchange Act and securities laws savings provisions. Sec. 108. Administrative requirements. Sec. 109. Treatment of certain non-controlling blockchain developers. Sec. 110. Application of the Bank Secrecy Act. Sec. 111. Rule of construction. Sec. 112. Implementation. Title II--Offers and Sales of Digital Commodities Sec. …