US lawmakers introduce bipartisan regulatory framework for digital assets

Backed by lawmakers from both parties, the bill proposes rules to govern digital assets and define agency roles in enforcement and oversight.

US Representative French Hill has announced the introduction of the much-awaited market structure bill for digital assets. The “Digital Asset Market Clarity Act of 2025” or “CLARITY Act of 2025” comes with support from lawmakers across both sides of the aisle, including three Democratic co-sponsors.

The bill covers the roles of both the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital assets oversight, seeking to resolve longstanding questions about which agency oversees which types of digital assets.

“I am proud to introduce the bipartisan CLARITY Act with my colleagues,” Hill said in a May 29 statement. “Our bill brings long-overdue clarity to the digital asset ecosystem, prioritizes consumer protection and American innovation, and builds off our work in the 118th Congress.”

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