H.R. 3633 · 119th CongressStatus not classified

Digital Asset Market Clarity Act

Latest action. clotureThe Senate's only procedure for ending debate over objection. Most legislation needs 60 votes; nominations need a simple majority.Read the full definition (opens a new tab) motion on the motion to proceed to the measure presented in Senate. (continuing resolutionA stopgap law funding the government at existing levels when the annual appropriations bills are not done by October 1.Read the full definition (opens a new tab) S4557) · August 8, 2026

Live record from Congress.gov, updated as the official record changes.

What this bill would do

Official summary · Congressional Research Service

Digital Asset Market Clarity Act of 2025 or the CLARITY Act of 2025

This bill establishes a regulatory framework for digital commodities, defined by the bill as digital assets that rely upon a blockchain for their value.

The Commodity Futures Trading Commission must generally regulate digital commodities transactions, including digital commodity exchanges, brokers, and dealers. To qualify for trade on an exchange (1) a digital commodity’s blockchain must be mature, or on a blockchain system that has achieved decentralized control as defined by the bill; or (2) the issuer of the digital commodity must file certain reports. The bill establishes requirements for trade monitoring, recordkeeping, and the commingling of customer assets.

The bill exempts digital commodities on mature blockchains (and digital commodities on blockchains expected to mature within certain timeframes) from Securities and Exchange Commission (SEC) registration requirements if annual sales fall under a certain amount and other requirements are met. The bill provides the SEC with jurisdiction over digital commodity activities and transactions engaged in by certain brokers and dealers on alternative trading systems and by national securities exchanges.

Digital commodity exchanges, brokers, and dealers are subject to the Bank Secrecy Act for anti-money laundering and related purposes.

The bill also sets forth requirements for alternative trading systems, previously issued digital commodities, and provisional registration until the bill is implemented.

For more information on this bill, see CRS Insight IN12583, Crypto Legislation: An Overview of H.R. 3633, the CLARITY Act .

Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in House" stage on May 29, 2025. It describes the bill, it is not the legal text.

Status

Latest action, as recorded

August 8, 2026

Cloture motion on the motion to proceed to the measure presented in Senate. (CR S4557)

Civibrief does not map this action to a stage in the process. See the official record.

Where this sits in the process

Common questions

Composed from the official record

Where is it in the process, and what happens next?

The latest action on file does not map to a stage Civibrief recognizes, so the page will not name one. The record's own words are the reliable fact here.

The record's latest action, on August 8, 2026: Cloture motion on the motion to proceed to the measure presented in Senate. (CR S4557)

How likely is it to become law?

Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.

In the 118th Congress (2023-24), 274 of the 16,565 bills and joint resolutions introduced became law, about 1.7 percent. That count covers every measure at every stage, including the many that never left committee.

This one has no outstanding steps listed above.

Has anyone actually voted on it?

Yes. 1 recorded roll-call vote cites this measure, listed further down this page with every member's position.

Who is behind it?

J. Hill (R-AR) introduced it on May 29, 2025, and 21 members have since signed on as cosponsors.

They come from both major parties: 7 Democrats, 14 Republicans.

Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.

How long has it been in play?

It was introduced on May 29, 2025, 469 days ago. The most recent recorded action was 33 days ago, on August 8, 2026.

Measures do not carry over. Anything the 119th Congress has not finished by January 3, 2027 dies when the term ends, and has to be introduced again from the start in the next Congress.

Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.

Vote history

House
Passed on a recorded vote (official bill record may lag)
294–134 Passed · July 17, 2025
Senate
Awaiting Senate vote
President
Not stated in the latest action

House · On PassagePassed

On Passage

Yea 294 Nay 134 Present / not voting 4

Official roll callJuly 17, 2025

What this bill covers

Policy area

Finance and Financial Sector

Subject terms

Advanced technology and technological innovationsBank accounts, deposits, capitalBanking and financial institutions regulationBusiness recordsComputer security and identity theftComputers and information technologyCurrencyData collection, sharing, protection

and 5 more subject terms on the official record.

Assigned by analysts at the Congressional Research Service, not by Civibrief.

Constitutional protections

No protections are clearly tagged for this record.

Sponsor

J. Hill · 21 cosponsors

7 Democrats, 14 Republicans

Committees

No committee data.

Related measures

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H.R. 3690
Related bill · June 3, 2025
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H.Res. 580
Related bill · July 16, 2025
Providing for consideration of the bill (H.R. 4016) making appropriations for the Department of Defense for the fiscal year ending September 30, 2026, and for other purposes; providing for consideration of the bill (H.R. 3633) 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; providing for consideration of the bill (H.R. 1919) 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; providing for consideration of the bill (S. 1582) to provide for the regulation of payment stablecoins, and for other purposes; and waiving a requirement of clause 6(a) of rule XIII with respect to consideration of certain resolutions reported from the Committee on Rules.

Relationships are recorded by Congress.gov, not determined by Civibrief.

Sources & evidence

1 official source back the claims on this page.