US representative French Hill announced the introduction of the long -awaited market structure bill for digital assets. The “Digital Asset Market Clarity Act of 2025” or “Clarity Act of 2025” come with support from lawmakers on either side of the hallway, including three democratic co-sponsors.
The bill covers the duties of both the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the oversight of digital assets, seeking to resolve long -standing questions about which agency supervises which types of digital property.
“I’m proud to introduce the Bipartisan Clarity Act with my colleagues,” Hill Says In a statement of May 29. “Our bill brings long clarity to the digital asset ecosystem, prioritizes consumer and modern American protection, and set up our work in the 118th Congress.”
Under the Clarity Law, developers are required to provide accurate and with -the -way disclosure detainees of operation, ownership, and project structure.
The bill also introduces new compliance requirements for customer-facing companies such as brokers and dealers, including clear disclosure to customers, separation of customer properties from company funds, and avoiding conflicts of interest through strict registration, transparency, and operational standards.
This is a story development, and further information will be added as it is available.
