The president of the financial services of the French Hill (R-AR) chamber presented today the law on the clarity of the digital asset market (clarity), which would establish a regulatory framework for digital assets in the United States.
The chairman of the Chamber of the GT Thompson Agriculture Committee (R-PA), the majority whip of the Tom Emmer (R-MN) Chamber, the Chamber’s Financial Services Sub-Comeding on Digital Assets, Financial Technology and the President of Artificial Intelligence Bryan Steil (R-WI), the Chamber Committee on the Agriculture Sub-Comed The President of Rural Development Duston (R-SD), rep. (R-OH), the classification member of the Angie Craig Chamber Committee (D-MN), the representative Ritchie Torres (D-NY) and the representative Don Davis (D-NNA) are all original co-sponsors.
President Hill said“I am proud to present the Bipartisan Clarity Act with my colleagues. Our bill provides long -standing clarity to the digital asset ecosystem, prioritizes consumer protection and American innovation, and strengthens our work at the 118th congress. I am impatient to deliver our invoice to the office of President Trump and to secure the position of America as a world manager.”
President Thompson added“I am proud to join President Hill and the Bipartisse leaders of our two committees in the introduction of the law on the clarity of the digital asset market.
Whip of the majority of houses said“This is an important moment for the United States. This bill is a daring step to ensure that the next internet iteration is developed by the Americans and motivated by our values. I am grateful to my colleagues for all their work to develop this thoughtful and competitive framework worldwide and I look forward to working with them to guarantee that this legislation of the municipality is signed.”
The president of the Steil subcommittee said“The golden age of digital assets is there. America will not only participate in the Web3 revolution; We will win it. The Clarity Act guarantees that financial innovation and the development of digital assets occur here in the United States. Our bill secures American domination, democratizes digital assets, unleashes innovation and protects consumers from fraud.
The president of the Johnson subcommittee added“America should be the world leader in the digital asset market – but we cannot do so without establishing a clear regulatory framework. This legislation gives our markets the clarity they need to prosper, protect consumers and promote innovation.
Representative Davidson said“The Clarity Act creates a clear and effective regulatory framework for digital assets. It protects the right to auto-customary and freedom of transaction. These principles are essential for innovation, economic growth and individual freedom. Since 2018, I have been working to provide legal clarity to digital assets. The Clarity Act is approaching this world goal. I applaud the president of the management.
The Craig classification member said“Digital assets, including cryptocurrencies, go from a unique financial product to become more and more integrated into our current financial architecture. I think it is essential that Congress establishes clear protections for consumers and retail investors as well as road rules for companies dealing with digital assets. of them.
Torres representative said“For too long, regulatory uncertainty has retained the full potential of digital innovation in the United States. The law on clarity will provide clear road rules that entrepreneurs, investors and consumers deserve.
The representative Davis said“Families, entrepreneurs and small businesses across our country, including rural areas from eastern North Carolina, are looking for ways to engage in the modern economy. Digital assets have a chance for a more inclusive financial future, but we need clear rules and fair surveillance for innovation to thrive. Congress must guarantee that America shapes digital finance, created opportunities, protects consumers and reinforced support.
Click here for the law on the text of the clarity of the digital asset market (clarity).
Click here for one section by section.
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Additional context on the work of the Committee on Legislation on the Structure of the Digital Assets Market:
- On May 22, 2024, the law on financial innovation for the law of the 21st century (Fit21) adopted the House of Representatives 279-136 with 71 Democrats supporting the bill at the 118th congress.
- On April 4, 2025, President Hill and President Thompson published an editorial in Coindesk describing their vision of legislation on the structure of the digital asset market for the 119th congress.
- On April 9, 2025, the subcommittee of digital assets, financial technology and artificial intelligence held its first structure on the digital asset market about this congress.
- On May 5, 2025, President Hill, President Thompson, the president of the Steil subcommittee and the president of the Johnson subcommittee published a draft discussion on the structure of the digital asset market to establish a regulatory framework for digital assets in the United States.
- On May 6, 2025, the Chamber’s Financial and Agriculture Service Committees organized a common public round table on the concepts and key principles of the legislation on the structure of the digital asset market.
