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House bill · H.R. 3633 (119th Congress)

Digital Asset Market Clarity Act

U.S. House of Representatives

Latest action Sep 15, 2026

Sponsor: J. French Hill (U.S. Representative, AR-2, Republican)

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From Congress.gov and official rosters. This record was last updated Aug 3, 2026. About our data

Summary

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 .

Summary from the Congressional Research Service. How we handle summaries

Where it stands

Passed one of the two chambers; it still needs the other.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

House Committee on Agriculture · U.S. House of Representatives

Also referred to House Committee on Financial Services · U.S. House of Representatives, Senate Committee on Banking, Housing, and Urban Affairs · U.S. Senate.

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Cosponsors

21

Cosponsors listed on Congress.gov, shown A to Z.

  • Republican14
  • Democratic7

This bill has cosponsors from more than one party.

Shown in neutral colors by design; Agora is non-partisan.

Recorded votes

  • Vote: On Cloture on the Motion to Proceed

    U.S. SenateSep 15, 2026Result: Cloture on the Motion to Proceed Rejected

    (49) (50) (0) (1)
  • Vote: On Passage

    U.S. HouseJul 17, 2025Result: Passed

    (294) (134) (0) (4)

As identified by Congress.gov.

Full history

  1. Sep 15, 2026

    Motion by Senator Tillis to Reconsider the Vote by Which Cloture on the Motion to Proceed to the Measure Was Not Invoked (record Vote No. 234) Entered in Senate.

    Motion by Senator Tillis to reconsider the vote by which cloture on the motion to proceed to the measure was not invoked (Record Vote No. 234) entered in Senate.

    U.S. Senate

  2. Aug 8, 2026

    Cloture Motion on the Motion to Proceed to the Measure Presented in Senate. (cr S4557)

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

    U.S. Senate

  3. Jun 1, 2026

    Reported out of committee

    Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, with an amendment in the nature of a substitute. Without written report.

  4. Jun 1, 2026

    Reported out of committee

    Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, with an amendment in the nature of a substitute. Without written report.

  5. Jun 1, 2026

    Reported out of committee

    Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, with an amendment in the nature of a substitute. Without written report.

Show full history (32 earlier events)
  1. Jun 1, 2026

    Placed on Senate Legislative Calendar Under General Orders. Calendar No. 423.

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 423.

    U.S. Senate

  2. Jun 1, 2026

    Introduced

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 423.

    U.S. House

  3. May 14, 2026

    Reported out of committee

    Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.

  4. May 14, 2026

    Reported out of committee

    Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.

  5. May 14, 2026

    Reported out of committee

    Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.

  6. Sep 18, 2025

    Sent to the executive

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    U.S. Senate

  7. Jul 17, 2025

    Considered as Unfinished business. (consideration: cr H3449)

    Considered as unfinished business. (consideration: CR H3449)

  8. Jul 17, 2025

    Considered as Unfinished business. (consideration: cr H3449)

    Considered as unfinished business. (consideration: CR H3449)

  9. Jul 17, 2025

    Considered as Unfinished business. (consideration: cr H3449)

    Considered as unfinished business. (consideration: CR H3449)

  10. Jul 17, 2025

    Debate - the House Proceeded With One Hour of Debate on H.R. 3633.

    DEBATE - The House proceeded with one hour of debate on H.R. 3633.

    U.S. House of Representatives

  11. Jul 17, 2025

    Passed a chamber

    Motion to reconsider laid on the table Agreed to without objection.

  12. Jul 17, 2025

    Passed a chamber

    Motion to reconsider laid on the table Agreed to without objection.

  13. Jul 17, 2025

    Passed a chamber

    Motion to reconsider laid on the table Agreed to without objection.

  14. Jul 17, 2025

    Passed a chamber

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 294 - 134 (Roll no. 199).

    U.S. House of Representatives

  15. Jul 15, 2025

    Reported out of committee

    Rules Committee Resolution H. Res. 580 Reported to House. Rule provides for consideration of H.R. 4016, H.R. 3633, H.R. 1919 and S. 1582. The resolution provides for consideration of H.R. 4016 and H.R. 3633 under a structured rule, and H.R. 1919 and S. 1582 under a closed rule, with one hour of general debate on each bill. The resolution provides for a motion to recommit on H.R. 4016, H.R. 3633, and H.R. 1919, and a motion to commit on S. 1582.

    U.S. House of Representatives

  16. Jun 23, 2025

    Placed on the Union Calendar, Calendar No. 134.

  17. Jun 23, 2025

    Placed on the Union Calendar, Calendar No. 134.

  18. Jun 23, 2025

    Placed on the Union Calendar, Calendar No. 134.

  19. Jun 23, 2025

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-168, Part II.

  20. Jun 23, 2025

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-168, Part II.

  21. Jun 23, 2025

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-168, Part II.

  22. Jun 20, 2025

    Introduced

    Introduced in U.S. House

    U.S. House

  23. Jun 10, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  24. Jun 10, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  25. Jun 10, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  26. Jun 10, 2025

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 19.

  27. Jun 10, 2025

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 19.

  28. Jun 10, 2025

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 19.

  29. May 29, 2025

    Introduced

    Introduced in House

    U.S. House of Representatives

  30. May 29, 2025

    Referred to committee

    Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  31. May 29, 2025

    Referred to committee

    Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  32. May 29, 2025

    Referred to committee

    Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Read the record