US Congress Takes Major Step Toward Crypto Clarity with New Bill
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In a significant move for the digital asset industry, the CLARITY Act has advanced through two key House committees, setting the stage for a full House vote.
The bill, spearheaded by Rep. French Hill, passed the Financial Services Committee (32-19) and Agriculture Committee (47-6), signaling growing bipartisan support for crypto regulation.
“This is an opportunity for America to lead in Web3 and tokenized payments,” Hill said. Crypto Subcommittee Chair Bryan Steil celebrated the progress, calling it critical for U.S. competitiveness in blockchain innovation.
If enacted, the CLARITY Act could provide long-awaited regulatory certainty for crypto markets.
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