Congress Bill Reader

H.R.3633 - Digital Asset Market Clarity Act of 2025 119th Congress (2025-2026) Section Summary:

Top Summary

This US bill modernizes regulations surrounding digital assets and blockchain technology by defining key terms, amending existing laws such as the Commodity Exchange Act, Securities Acts, and Bank Secrecy Act, and introducing new requirements for compliance, recordkeeping, and regulatory oversight. It clarifies the treatment of digital commodities, expands exemptions for digital asset transactions, mandates disclosure requirements for brokers and dealers, and establishes timelines for regulatory agencies like the CFTC and SEC to issue rules. The bill also addresses anti-money laundering, fraud reporting, educational materials for the public, and excludes certain DeFi activities from jurisdiction, while ensuring alignment with existing banking and ethics laws. Provisions take effect after specified periods, with some dependent on the publication of final rules.

Sub Summaries