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United States (Federal)|HB3633

Digital Asset Market Clarity Act of 2025 CLARITY Act of 2025 Anti-CBDC Surveillance State Act

Committee 2

Summary

This bill establishes a regulatory framework for digital commodities, dividing oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to clarify which agency regulates different types of digital asset offerings and sales. The legislation affects companies and individuals involved in offering or selling digital commodities, as well as the two federal agencies responsible for implementing and enforcing these new regulations. The bill also includes provisions related to central bank digital currencies, though the specific requirements and restrictions are not detailed in the provided text.

Sponsor

RFrench Hill

Last action

Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.

May 14, 2026

Topics

Securities & TokensGovernment Use & OversightCBDC

Co-sponsors (21)

RGlenn Thompson,DAngela Craig,RTom Emmer,RDusty Johnson,DDonald Davis,RBryan Steil,DRitchie Torres,RWarren Davidson,DJosh Gottheimer,RBill Huizenga,RZachary Nunn,RMichael Lawler,RDan Meuser,REarl Carter,RRiley Moore,RNicholas Begich,DKristen McDonald Rivet,DShri Thanedar,RMark Messmer,RRobert Bresnahan,DHaley Stevens

Legislative history

May 14, 2026S

Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.

Sep 18, 2025S

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Jul 17, 2025H

Considered under the provisions of rule H. Res. 580. (consideration: CR H3373)

Jul 17, 2025H

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.

Jul 17, 2025H

DEBATE - The House proceeded with one hour of debate on H.R. 3633.

Jul 17, 2025H

The previous question was ordered pursuant to the rule.

Jul 17, 2025H

POSTPONED 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.

Jul 17, 2025H

Considered as unfinished business. (consideration: CR H3449)

Jul 17, 2025H

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)

Jul 17, 2025H

Motion to reconsider laid on the table Agreed to without objection.

Jul 15, 2025H

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.

Jun 23, 2025H

Reported (Amended) by the Committee on Agriculture. H. Rept. 119-168, Part I.

Jun 23, 2025H

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-168, Part II.

Jun 23, 2025H

Placed on the Union Calendar, Calendar No. 134.

Jun 10, 2025H

Committee Consideration and Mark-up Session Held

Jun 10, 2025H

Ordered to be Reported (Amended) by the Yeas and Nays: 47 - 6.

Jun 10, 2025H

Committee Consideration and Mark-up Session Held

Jun 10, 2025H

Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 19.

May 29, 2025H

Introduced in House

May 29, 2025H

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.