Washington, D.C. – The Digital Asset Market CLARITY Act marks a major step toward establishing the United States as the crypto capital of the world by balancing innovation with strong investor protections and tough law enforcement tools. Ahead of the Senate Banking Committee’s markup, Republicans have released four detailed fact sheets outlining how the legislation cracks down on illicit finance, protects everyday Americans, delivers long-overdue regulatory clarity, and ensures the next generation of financial innovation stays in America.

Together, these one-pagers show how the Senate Banking Committee’s market structure legislation brings digital assets into a clear, appropriately tailored U.S. regulatory system that protects investors, strengthens national security, and promotes responsible innovation.

FACT: The CLARITY Act Protects Everyday Americans

The bill ensures everyday Americans have the tools, information, and protections they need to safely participate in digital asset markets.

It strengthens disclosure requirements, preserves anti-fraud authorities, limits insider abuse, and promotes coordinated oversight and financial literacy.

Americans deserve transparency, fairness, and accountability in digital asset markets – and this legislation delivers it.

FACT: The CLARITY Act Delivers Regulatory Clarity for the Crypto Industry

The bill establishes clear rules of the road by drawing a bright line between SEC and CFTC jurisdiction and replacing the SEC’s regulation-by-enforcement model with a workable statutory framework.

It creates a tailored disclosure regime that allows responsible digital asset projects to raise capital while protecting investors and preventing market manipulation.

The result is legal certainty that keeps capital, jobs, and innovation in the United States.

Source: https://www.banking.senate.gov/newsroom/majority/the-facts-the-clarity-act?utm_source=chatgpt.com