What is the CLARITY Act? Latest Status on the US Crypto Regulation Bill

The Digital Asset Market Clarity Act (CLARITY Act), which aims to clarify the regulatory framework of the USA in the cryptocurrency market, is among the regulations closely followed by investors and the crypto market. The bill aims to clarify the rules on whether digital assets are securities or commodities and clarify the supervisory structure of the crypto market in the United States.

WHAT IS THE CLARITY ACT?

The CLARITY Act is a bill that aims to create a comprehensive legal framework for the digital asset market in the United States. The bill's official name is the Digital Asset Market Clarity Act and is H.R. passed by the House of Representatives. It is linked to regulation 3633. The bill focuses on issues such as classifying crypto assets and determining the jurisdiction of market regulators.

WHAT DOES THE CLARITY ACT AIM?

The bill includes provisions for determining the nature of digital assets. The aim is to consider some digital assets as commodities and to make it clearer which regulatory agency they will be under the control of.

Within the scope of the bill, one of the prominent topics is that the boundaries of authority between the SEC (Securities and Exchange Commission) and the CFTC (Commodity Futures Trading Commission) will be made more clear.

HOW MAY THE CLARITY ACT AFFECT CRYPTO CURRENCIES?

If the regulation becomes law, it is aimed to create more specific legal rules for crypto companies and the digital asset market in the USA. The bill also imposes disclosure, registration and compliance obligations on certain digital asset intermediaries.

In the bill statement published by the Senate Banking Committee, it is envisaged that obligations such as prevention of money laundering, customer recognition and suspicious transaction reporting will be applied to certain actors of the digital asset market.

HAS THE CLARITY ACT BECOME LEGAL?

No. The CLARITY Act has not yet become law. The bill reached an important stage in the Senate in 2026, but the required 60 votes were not reached in the procedural vote held on September 15, 2026. According to Reuters, the threshold required for the bill to advance was not passed in the voting and the future of the regulation became uncertain.

Before the final vote in the Senate, 126 comprehensive changes were made to the bill text. The updated text also included new provisions such as rules of ethics, stablecoin-based deposit movements and regulations on blockchain developers.

WHY IS THE CLARITY ACT IMPORTANT?

The CLARITY Act is at the center of a long-running U.S. regulatory debate regarding the cryptocurrency market. The bill is particularly important because of its provisions to determine the limits of the SEC and CFTC's authority over digital assets, the obligations of crypto companies, and the legal status of digital assets.

However, the future of the bill is not yet clear after the latest developments in the Senate. For this reason, the CLARITY Act is not a cryptocurrency law that has come into force at this stage, but a regulation whose legislative process is ongoing.