• CLARITY Act passed the House 294-134 and advanced the Senate Banking Committee in a 15-9 vote.
• Bill would split SEC and CFTC oversight while adding new rules for digital commodity platforms.
• Sen. Warren criticizes CLARITY Act, warning it could harm consumers, investors, and financial stability.

The CLARITY Act has become one of the most important U.S. crypto bills, as it attempts to answer the sector’s biggest regulatory question: who oversees digital assets, and under what rules? The legislation, formally known as H.R. 3633, the Digital Asset Market Clarity Act of 2025, cleared the House in a 294-134 vote last year. 

It also advanced from the Senate Banking Committee on May 14 in a 15-9 vote. Regardless, the bill is…