119th Congress · introduced in the House · May 29, 2025
Digital Asset Market Clarity Act
Official title from Congress.gov
Latest action (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.
View on Congress.govPolicy area: Finance and Financial Sector
Congressional Research Service summary, version: Introduced in House (May 29, 2025)
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.
Show the full summary (1 more paragraphs)Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
Senate · Sep 15, 2026 · Roll call 234 · Cloture on the Motion to Proceed Rejected
House · Jul 17, 2025 · Roll call 199 · Passed
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.
Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 49 - 50. Record Vote Number: 234. (CR S4706) Roll call details
Cloture motion on the motion to proceed to the measure presented in Senate. (CR S4557)
Motion to proceed to consideration of measure made in Senate. (CR S4557)
Placed on Senate Legislative Calendar under General Orders. Calendar No. 423.
Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, with an amendment in the nature of a substitute. Without written report.
Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, with an amendment in the nature of a substitute. Without written report.
Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Motion to reconsider laid on the table Agreed to without objection.
On passage Passed by the Yeas and Nays: 294 - 134 (Roll no. 199). (text of amendment in the nature of a substitute: CR H3373-3397) Roll call details
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 294 - 134 (Roll no. 199). Roll call details
Considered as unfinished business. (consideration: CR H3449)
Advanced technology and technological innovations · Bank accounts, deposits, capital · Banking and financial institutions regulation · Business records · Computer security and identity theft · Computers and information technology · Currency · Data collection, sharing, protection · Digital media · Financial services and investments · Fraud offenses and financial crimes · Licensing and registrations · Securities
LD-2 reports whose issue descriptions explicitly cite this bill (bill type and number validated against Congress.gov records). A citation does not establish the client's position or any contact with a member.
Loading lobbying reportsPOSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 3633, the Chair put the question on passage of the bill and by voice vote, announced that the ayes had prevailed. Ms. Craig demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
The previous question was ordered pursuant to the rule.
DEBATE - The House proceeded with one hour of debate on H.R. 3633.
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.
Considered under the provisions of rule H. Res. 580. (consideration: CR H3373)
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.
Placed on the Union Calendar, Calendar No. 134.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-168, Part II.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-168, Part II.
Reported (Amended) by the Committee on Agriculture. H. Rept. 119-168, Part I.
Reported (Amended) by the Committee on Agriculture. H. Rept. 119-168, Part I.
Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 19.
Committee Consideration and Mark-up Session Held
Ordered to be Reported (Amended) by the Yeas and Nays: 47 - 6.
Committee Consideration and Mark-up Session Held
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.
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.
Introduced in House
Introduced in House
Actions from Congress.gov, newest first.
Coverage: reports for 2025 onward, posted Jan 1, 2025 through Oct 23, 2026.
1,076 citations; showing the 25 most recently posted.
AMERICAN BANKERS ASSOCIATION · lobbying firm or registrant: HARBINGER STRATEGIES, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Banking
$50,000
Paid to lobbying firm
The Clarity Act (H.R.3633): issues related to the regulation of digital asset securities. The 21st Century Road to Housing Act (H.R.6644): issues related to housing policy. The FY2027 N…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CITADEL ENTERPRISE AMERICAS LLC · lobbying firm or registrant: CGCN GROUP, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Financial Institutions/Investments/Securities
$30,000
Paid to lobbying firm
…al asset trading venues in S.3755, Digital Commodity Intermediaries Act; Issues related to the regulation of digital assets and digital asset trading venues in H.R. 3633, Digital Asset Market Clarity Act of 2025.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
WELLS FARGO · lobbying firm or registrant: CGCN GROUP, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Banking
$30,000
Paid to lobbying firm
Capital issues, Payments issues; H.R. 3633, Digital Asset Market Clarity Act of 2025.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
BANK POLICY INSTITUTE (FKA THE FINANCIAL SERVICES ROUNDTABLE) · lobbying firm or registrant: CGCN GROUP, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Banking
$80,000
Paid to lobbying firm
…ng in Banking Act; S.1838, Credit Card Competition Act of 2023; S.2760, Capping Credit Card Interest Rates Act; S.2190, H.R. 7531, Secure Payments Act of 2024, H.R. 3633, Digital Asset Market Clarity Act of 2025.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
THE FINTECH ACCORD · lobbying firm or registrant: WHITMER & WORRALL, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Financial Institutions/Investments/Securities
$10,000
Paid to lobbying firm
…GENIUS Act of 2025. Issues related to the Congressional FinTech and Payments Caucus. Issues related to artificial intelligence and payments. Issues related to H.R. 3633, the Digital Asset Market Clarity Act of 2025.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
PAYSAFE PAYMENT PROCESSING SOLUTIONS, LLC · lobbying firm or registrant: WHITMER & WORRALL, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Financial Institutions/Investments/Securities
$40,000
Paid to lobbying firm
…GENIUS Act of 2025. Issues related to the Congressional FinTech and Payments Caucus. Issues related to artificial intelligence and payments. Issues related to H.R. 3633, the Digital Asset Market Clarity Act of 2025.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
MOONPAY USA LLC · lobbying firm or registrant: PHRONESISDC, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Banking
$50,000
Paid to lobbying firm
Issues related to cryptocurrency regulation; Issues related to H.R. 3633 - Digital Asset Market Clarity Act of 2025.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
MOONPAY USA LLC · lobbying firm or registrant: PHRONESISDC, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Financial Institutions/Investments/Securities
$50,000
Paid to lobbying firm
Issues related to cryptocurrency regulation; Issues related to H.R. 3633 - Digital Asset Market Clarity Act of 2025.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AMERICAN EXPRESS COMPANY · lobbying firm or registrant: AMERICAN EXPRESS COMPANY
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Science/Technology
$460,000
Spent on own lobbying
…curity regulatory harmonization Issues and draft legislation related to artificial intelligence Draft legislation related to data privacy and financial privacy H.R. 3633, the Digital Asset Market Clarity Act of 2025, provisions related to stablecoins and digital asset market structure regulations S. 1337, the Cybersecurity Info…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
LMAX GROUP · lobbying firm or registrant: PHRONESISDC, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Financial Institutions/Investments/Securities
$50,000
Paid to lobbying firm
Issues related to cryptocurrency regulation; Issues related to H.R. 3633 - Digital Asset Market Clarity Act of 2025.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
LMAX GROUP · lobbying firm or registrant: PHRONESISDC, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Banking
$50,000
Paid to lobbying firm
Issues related to cryptocurrency regulation; Issues related to H.R. 3633 - Digital Asset Market Clarity Act of 2025.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CORNERSTONE GOVERNMENT AFFAIRS OBO CIRCLE INTERNET FINANCIAL, INC. · lobbying firm or registrant: DININO ASSOCIATES, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Banking
Amount not reported
Issues related to stablecoin and crypto market structure reform legislation, HR 3633.
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. View filing
VISA INC. · lobbying firm or registrant: PHRONESISDC, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Banking
$60,000
Paid to lobbying firm
…Card Competition Act of 2026; Issues related to digital assets legislation; Issues related to S. 3755 - Digital Commodity Intermediaries Act; Issues related to H.R. 3633 - Digital Asset Market Clarity Act.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
VISA INC. · lobbying firm or registrant: PHRONESISDC, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Financial Institutions/Investments/Securities
$60,000
Paid to lobbying firm
Issues related to S. 3623 - Credit Card Competition Act of 2026; Issues related to digital assets legislation; Issues related to H.R. 3633 - Digital Asset Market Clarity Act.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CORNERSTONE GOVERNMENT AFFAIRS OBO STRIPE, INC. · lobbying firm or registrant: JGB & ASSOCIATES, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Financial Institutions/Investments/Securities
Amount not reported
Issues related to payment regulation and federal payments charter; Issues related to crypto market structure reform, HR 3633, and Dodd-Frank Section 1033 reform regarding protection of consumer financial data.
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. View filing
CORNERSTONE GOVERNMENT AFFAIRS OBO STRIPE, INC. · lobbying firm or registrant: JGB & ASSOCIATES, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Banking
Amount not reported
Issues related to payment regulation and federal payments charter; Issues related to crypto market structure reform, HR 3633, and Dodd-Frank Section 1033 reform regarding protection of consumer financial data.
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. View filing
CORNERSTONE GOVERNMENT AFFAIRS OBO CIRCLE INTERNET FINANCIAL, INC. · lobbying firm or registrant: JGB & ASSOCIATES, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Banking
Amount not reported
Issues related to stablecoin and crypto market structure reform legislation, HR 3633.
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. View filing
CITIGROUP WASHINGTON, INC. · lobbying firm or registrant: CITIGROUP WASHINGTON, INC.
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Financial Institutions/Investments/Securities
$1,330,000
Spent on own lobbying
…ecoin Transparency and Accountability for a Better Ledger Economy Act of 2025 - all provisions H.R.2548/S.1241, Sanctioning Russia Act of 2025 - all provisions H.R.3633, Market Structure Clarity Act of 2025 - all provisions H.R.8395, PACE Act of 2026 - all provisions S.401/H.R.987, Fair Access to Banking Act - all provisions S…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CENTER FOR RESPONSIBLE LENDING A SUPPORTING CORP OF CTR FOR COMMUNITY SELF-HELP · lobbying firm or registrant: CENTER FOR RESPONSIBLE LENDING, A SUPPORTING CORP OF CTR FOR COMMUNITY SELF-HELP
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Banking
$70,000
Spent on own lobbying
…oncerning Truth in Lending Act protections for buy now, pay later products. Digital asset, cryptocurrency, and stablecoin legislation and regulation, including H.R. 3633, the Digital Asset Market Clarity Act (CLARITY Act). Legislation and appropriations concerning funding for the Consumer Financial Protection Bureau. Nomination…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CENTER FOR RESPONSIBLE LENDING A SUPPORTING CORP OF CTR FOR COMMUNITY SELF-HELP · lobbying firm or registrant: CENTER FOR RESPONSIBLE LENDING, A SUPPORTING CORP OF CTR FOR COMMUNITY SELF-HELP
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Consumer Issues/Safety/Products
$70,000
Spent on own lobbying
…l intelligence in financial services, including adverse action notices and explainability under the Equal Credit Opportunity Act and Fair Credit Reporting Act. H.R. 3633 - Digital Asset Market Clarity Act (CLARITY Act), opposing artificial intelligence regulatory sandbox provisions that could exempt firms from consumer protecti…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
VISA, INC. · lobbying firm or registrant: 535 GROUP, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Financial Institutions/Investments/Securities
$50,000
Paid to lobbying firm
H.R. 3633, Digital Asset Market Clarity Act of 2025 H.R. 7035 and S. 3623 CCCA
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
BLOCKCHAIN ASSOCIATION · lobbying firm or registrant: GOLDSTEIN POLICY SOLUTIONS LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Banking
$50,000
Paid to lobbying firm
H.R.3633 (CLARITY Act), also Senate version, H.R.7732 (Promoting Innovation in Blockchain Development Act), and H.R.3533 (Blockchain Regulatory Certainty Act), H.R.148…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
BLOCKCHAIN ASSOCIATION · lobbying firm or registrant: GOLDSTEIN POLICY SOLUTIONS LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Commodities (big ticket)
$50,000
Paid to lobbying firm
H.R.3633 (CLARITY Act), also Senate version, H.R.7732 (Promoting Innovation in Blockchain Development Act), and H.R.3533 (Blockchain Regulatory Certainty Act), H.R.148…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
BLOCKCHAIN ASSOCIATION · lobbying firm or registrant: GOLDSTEIN POLICY SOLUTIONS LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 21, 2026 · issue area: Financial Institutions/Investments/Securities
$50,000
Paid to lobbying firm
H.R.3633 (CLARITY Act), also Senate version, H.R.7732 (Promoting Innovation in Blockchain Development Act), and H.R.3533 (Blockchain Regulatory Certainty Act), H.R.148…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
FEDERAL HALL POLICY ADVISORS, LLC ON BEHALF OF DEFI EDUCATION FUND · lobbying firm or registrant: GOLDSTEIN POLICY SOLUTIONS LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Financial Institutions/Investments/Securities
$30,000
Paid to lobbying firm
…t H.R. 3314, Stop Presidential Profi teering from Digital Assets Act H.R. 3533, Blockchain Regulatory Certainty Act H.R. 3573, Stop TRUMP in Crypto Act of 2025 H.R. 3633, Digital Asset Market Clarity Act of 2025 S. 1223, Prohibiting Foreign Adversary Interference in Cryptocurrency Markets Act S. 1273, Combatting Money Launderin…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing