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Sponsored by Rep. J. French Hill (R-AR) · 21 active : 14 Republicans, 7 Democrats
Latest action: Motion by Senator Tillis to reconsider the vote by which cloture on the motion to proceed to the measure was not invoked (Record Vote No. 234) entered in Senate.
Digital Asset Market Clarity Act of 2025 or the CLARITY Act of 2025
This bill establishes a regulatory framework for digital commodities, defined by the bill as digital assets that rely upon a blockchain for their value.
The Commodity Futures Trading Commission must generally regulate digital commodities transactions, including digital commodity exchanges, brokers, and dealers. To qualify for trade on an exchange (1) a digital commodity’s blockchain must be mature, or on a blockchain system that has achieved decentralized control as defined by the bill; or (2) the issuer of the digital commodity must file certain reports. The bill establishes requirements for trade monitoring, recordkeeping, and the commingling of customer assets.
The bill exempts digital commodities on mature blockchains (and digital commodities on blockchains expected to mature within certain timeframes) from Securities and Exchange Commission (SEC) registration requirements if annual sales fall under a certain amount and other requirements are met. The bill provides the SEC with jurisdiction over digital commodity activities and transactions engaged in by certain brokers and dealers on alternative trading systems and by national securities exchanges.
Digital commodity exchanges, brokers, and dealers are subject to the Bank Secrecy Act for anti-money laundering and related purposes.
The bill also sets forth requirements for alternative trading systems, previously issued digital commodities, and provisional registration until the bill is implemented.
For more information on this bill, see
CRS Insight IN12583, Crypto Legislation: An Overview of H.R. 3633, the CLARITY Act
Each member’s recorded vote compared with their swing projection from before the vote. A member by voting against most of their own party.
| BandBand before the vote | VotedVoted yea or nay | BrokeBroke with party | Share |
|---|---|---|---|
| Swing | 31 | 18 | 58% |
| Middle | 168 | 36 | 21% |
| Entrenched | 222 | 23 | 10% |
| All |
Members fall into . 2 representatives don’t have enough data yet and are marked “insufficient data”. Non-voting delegates are not counted. The bill is not before the House right now; these scores show where members would stand.
: only movement toward the other party counts, so members who sit further from the center than their party no longer score as swing votes.
Bars show each input from 0 to 100: ideology gap, scorecard gap, . is the seat’s partisan lean, and shows how much of the input data a score has.
Loading similar votes
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| 421 |
| 77 |
| 18% |
: Pair any member who broke with one who stayed with their party: in 66% of those pairs, the one who broke had the higher swing score before the vote. Chance would be 50%.
Projections from swing-v2-dir, computed with data from before the vote. Present and not voting never count as breaking.
These members have less than half of the model’s inputs, so their scores are not banded or ranked.


Ringed dots broke with their party on the vote.
Ideology is each member’s score. The cluster low on the chart includes the bill’s 22 sponsor and cosponsors in the House: they have already committed, so they score as entrenched. 2 representatives without a DW-NOMINATE score or with insufficient data are not plotted.
Similar votes count toward swing-v3 in the House: total similarity weight 33.0 (needs 5.0).