Tom Emmer calls CLARITY Act fifth iteration of crypto legislation
Rep. Tom Emmer has introduced the CLARITY Act, which aims to clarify the regulatory framework for digital assets in the U.S. This legislation is considered the fifth or sixth attempt by Congress to establish clear jurisdiction between the SEC and CFTC. The bill includes provisions that could significantly impact how digital assets are classified and regulated.
- ▪The CLARITY Act was introduced on May 29, 2025, by Rep. French Hill.
- ▪It aims to delineate the jurisdictions of the SEC and CFTC regarding digital assets.
- ▪One key provision is the 'mature blockchain' test, which could classify certain digital assets as commodities.
- ▪The House passed the CLARITY Act with a bipartisan vote of 294-134 on July 17, 2025.
- ▪The bill still requires Senate approval and potential reconciliation between House and Senate versions.
Opening excerpt (first ~120 words) tap to expand
Tom Emmer calls CLARITY Act fifth iteration of crypto legislation The House Majority Whip says years of failed attempts finally produced a crypto market structure bill that could actually stick. Share Add us on Google by Editorial Team May. 22, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Rep. Tom Emmer wants you to know that the CLARITY Act didn’t materialize overnight.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.