// definition
CLARITY
CLARITY Act
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Short definition
Proposed US legislation that would, among other things, allocate digital-asset oversight between the SEC and CFTC. A House-passed bill, a negotiating draft and an enacted law have different legal status. A procedural vote does not itself create new obligations.
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Intuition
A bill’s parliamentary status determines whether its obligations are still proposals or have entered into force.
Related analyses
- CLARITY after the 49–50 voteThe procedural setback and SEC–CFTC proposals.
Primary sources
- Senate roll call 234, September 15, 2026Cloture on the motion to proceed to H.R. 3633 rejected.