Took stances on a bill between and
Bill Name
Digital Asset Market Clarity Act
Details
This legislation establishes a comprehensive regulatory framework for digital assets, dividing jurisdiction between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). It codifies a clear distinction between digital securities and digital commodities based on blockchain maturity. Additionally, the bill prohibits the Federal Reserve from issuing a retail central bank digital currency (CBDC), guarantees the individual right to self-custody via private wallets, and excludes decentralized finance (DeFi) activities and non-controlling software developers from money transmitter and intermediary registration requirements.
Timeline
Very Pro-Crypto
Voted for - Final Passage Out Of House
Very Pro-Crypto
Cosponsored