Digital Asset Market Clarity Act
8 August 2026 | Cloture motion filed
What's next: Cloture vote expected on the second session day (60 votes to advance)
Summary: The bill would create a regulatory framework for digital assets (cryptocurrencies and similar blockchain-based commodities), assigning the Commodity Futures Trading Commission primary oversight of digital commodity exchanges and transactions, while giving the Securities and Exchange Commission jurisdiction over certain digital commodity activities by brokers and dealers. It would exempt digital commodities on mature blockchains from SEC registration if they meet certain requirements, establish trading, recordkeeping, and customer asset protection standards, and require digital asset platforms to comply with anti-money laundering rules. The measure also addresses Federal Reserve restrictions on central bank digital currencies and direct offerings to individuals.
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