Lawmakers Push New Crypto Rules, But Is the CLARITY Act Too Vague?

A new bill that aims to clean up crypto regulation in the U.S. is charging through Congress. The CLARITY Act just cleared two key House committees with bipartisan support, setting the stage for a possible full vote. It’s designed to finally answer the question that’s been plaguing the industry for years: Who’s in charge, the.. The post Lawmakers Push New Crypto Rules, But Is the CLARITY Act Too Vague? appeared first on 99Bitcoins.

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Jun 12, 2025 - 09:00

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Lawmakers Push New Crypto Rules, But Is the CLARITY Act Too Vague?

A new bill that aims to clean up crypto regulation in the U.S. is charging through Congress. The CLARITY Act just cleared two key House committees with bipartisan support, setting the stage for a possible full vote. It’s designed to finally answer the question that’s been plaguing the industry for years: Who’s in charge, the SEC or the CFTC?

But not everyone’s convinced this bill is the solution. Some Democrats are worried it might do the opposite of what the name suggests and actually open the door to more confusion, not less.

Two Committees, One Giant Leap

The bill flew through the House Financial Services Committee with a 32–19 vote, and the Agriculture Committee followed with a landslide 47–6. On paper, it sounds like a win for clarity. The CLARITY Act outlines when a digital asset is considered decentralized and who gets to regulate what.