Here’s why crypto firms wants US Congress to pass the Clarity Act
The US crypto industry has launched a unified push for Congress to pass federal market-structure legislation, known as the “Digital Asset Market Clarity Act of 2025” (H.R. 3633).
The legislation is viewed by industry proponents as the necessary “missing layer” of federal law to allow the industry to thrive.
While the “GENIUS Act” established baseline rules for payment stablecoins last year, the Clarity Act aims to establish the overarching market structure for secondary trading, asset classification, and intermediary registration.
Without it, major players argue, the US market remains trapped in a patchwork of state licensing and enforcement-driven guidance.
Yet, the path to a deal remains fraught with complex technical…
