Yesterday, the House of Representatives passed Chairman French Hill’s (AR-02), H.R. 3633, the CLARITY Act, by bipartisan vote of 294-134. Support for the measure has rolled in both ahead of the vote and after.
Here’s what experts and supporters of the Committee’s efforts are saying:
American Consumer & Investor Institute said: “For too long, the lack of a clear regulatory regime for digital assets has limited consumer and investor access, stifled innovation, and driven American entrepreneurs and product developers overseas. The CLARITY Act turns the page by establishing commonsense legal and regulatory frameworks that will benefit all consumers, investors, and market participants. …The bipartisan support for the CLARITY Act in both of your committees evidences your thoughtful approach to balancing digital innovation with consumer protection while promoting U.S. dominance in the fast-growing digital asset economy.”
Anchorage Digital said: “CLARITY provides the foundation for a maturing digital asset market. Knowing which assets are securities, which are commodities, and why—unlocks the next phase of U.S. crypto policy.”
Anthony Hernandez, President and CEO, The Defense Credit Union Council said: “By advancing the GENIUS Act and key digital-asset framework, lawmakers are prioritizing both innovation and security, ensuring credit unions and financial institutions can operate with confidence and clarity in a rapidly evolving digital landscape. This is an essential step in strengthening the U.S. economy and protecting consumers — including our military and veteran communities.”
Anthony J. Pugliese, President and CEO, the Institute of Internal Auditors said: “The bipartisan Digital Asset Market Clarity (CLARITY) Act represents an important step forward in establishing a clear, consistent, and balanced digital asset framework in the United States. As the professional association representing internal auditors, The IIA supports the legislation’s emphasis on establishing sound governance and risk management processes at digital commodity exchanges. In particular, Sections 404 and 406 of the CLARITY Act contain essential investor protections that will strengthen American confidence in the emerging digital asset marketplace. The IIA looks forward to continued engagement with congressional leaders of both parties to ensure this critical legislation advances and is passed into law.”
CEDAR Innovation Foundation said: “The bipartisan passage of the CLARITY Act is an important step toward maintaining American technological leadership – and critically, it clears the path for market structure reform. The overwhelming bipartisan support for the CLARITY Act shows Congress is united in giving American innovators, developers, and consumers the clear, modern rules they deserve. With House passage of the CLARITY Act, the American people want the Senate to act now, pass the CLARITY Act, and secure American innovation and economic opportunity for the next fifty years.”
Crypto Council for Innovation said: “This week marks a historic moment. CCI urges the House to vote YES on the GENIUS and CLARITY Acts – landmark bills to bring stablecoins and digital assets into a clear, responsible regulatory framework. The GENIUS Act establishes the first comprehensive stablecoin framework. …GENIUS prohibits misleading practices and ensures only qualified issuers, federal or state regulated, can operated in the US. It reinforces the role of the dollar in the digital economy and keeps innovation under US regulatory leadership. …The CLARITY Act addresses an equally urgent set of challenges. It clearly defines how the SEC and CFTC share oversight based on how a digital asset functions, not just how it was originally sold. CLARITY strengthens disclosures, safeguards customer funds, and creates a path for compliant digital asset firms to build in the US. It balances consumer protection with market certainty and brings the US closer to frameworks already advancing overseas. …As Congress holds hearings and floor votes, CCI urges members to vote YES on both GENIUS and CLARITY. These bills are smart, bipartisan, and long overdue.”
Chris Dixon, Founder, Managing Partner, a16z crypto said: “Yesterday was big. Market structure legislation got passed out of both the House Ag and Financial Services committees with bipartisan support. This bill does 3 things: 1- protects consumers 2- gives long-term incentives for both builders & investors 3- makes sure crypto stays in the U.S. If we want a better internet we need blockchain networks being built here in America. This bill enables that. Yesterday was a solid step in the right direction, but we now need this bill to come to the House floor and then move to the Senate for approval. Let’s get this done so we can ensure the U.S. remains the crypto leader for decades to come.”
Coinbase said: “Bipartisan momentum is building. Lawmakers from both sides agree: it’s time to protect consumers and unlock American innovation with clear crypto legislation. As Congress prepares for a key vote to advance the CLARITY Act, the message is clear: vote YES.”
Decentralization Research Center said: “The industry has made it clear: effective blockchain policy must incentivize decentralization. …The CLARITY Act establishes a much-needed standard for evaluating when a digital asset has met a threshold to justify its transition from security to commodity — an essential step for effective market structure legislation. We look forward to engaging further to ensure that blockchain legislation supports decentralization, responsible innovation, and consumer protection to further establish U.S. leadership in blockchain technology.”
DeFi Education Fund said: “At DeFi Education, we are especially grateful to the co-sponsors of the bill, Chairs Hill and Thompson, Reps. Emmer, Steil, Johnson, Craig, Davis, Torres, and Davidson, the members of both Committees, and their dedicated staff for their tireless efforts to bring much-needed regulatory clarity to the digital asset ecosystem.”
Futures Industry Association said: “FIA appreciates US House Financial Services Committee Chair French Hill and House Agriculture Committee Chair G.T. Thompson for advancing the bipartisan CLARITY Act. This legislation is an important step in providing legal and regulatory certainty for the crypto and financial services industry. We believe the listed and cleared derivatives markets – and their regulatory framework – have much to contribute to this debate, and we look forward to reviewing the Act and providing our expertise.”
International Swaps and Derivatives Association said: “ISDA commends the bipartisan effort to advance digital assets market structure legislation in the House Financial Services Committee and the House Agriculture Committee. This legislation will provide clarity to the emerging digital asset regulatory framework and includes provisions to enhance liquidity and efficiency for both digital and traditional markets. Going forward, ISDA is committed to working with Congress as it addresses these vital evolving markets.”
Ji Hun Kim, President and Acting Chief Executive Officer, Crypto Council for Innovation: “Currently, the U.S. is falling behind other major jurisdictions who have advanced regulatory frameworks for digital assets. Major economies like the European Union, Singapore, and Japan have made significant progress in this area. Without Congressional action, we risk American innovators migrating offshore and consumers turning to unregulated offshore markets. Further delay in establishing market structure legislation would pose risks to both U.S. economic competitiveness and national security. …Critically, the CLARITY Act provides for such clear rules and also includes important consumer protections, such as segregating customer funds, bankruptcy procedures, addressing conflicts of interest, and requiring risk disclosures of operation, ownership, and structure. We strongly support these requirements that would protect consumers and their funds.”
Jump Crypto said: “CLARITY represents a milestone of a legislative accomplishment to bring much needed certainty for builders and market participants. Market structure legislation is important to allow the digital asset industry to thrive in the USA. Congratulations to @FinancialCmte and @HouseAgGOP on the successful cross-committee, bipartisan product. Jump Crypto looks forward to engaging with the Senate to finish the work on this pivotal legislation.”
Kraken said: “Kraken commends the House Financial Services Committee and Agriculture Committee leadership for advancing bipartisan market structure legislation and driving this important discussion forward. Other major economies around the world are years ahead in putting clear rules in place for centralized intermediaries. After many years of legislative progress, it is critical that the US Congress put a market structure bill on the President’s desk for signature by August.”
Milken Institute said: “As the House moves forward on the CLARITY Act, the Senate’s GENIUS Act, and the Anti-CBDC Surveillance State Act, the Milken Institute commends the bipartisan, bicameral collaboration on these landmark bills, which will establish much-needed regulatory guidance for the broader digital asset market structure and stablecoins, as well as safeguard the US financial system’s overall integrity. …The Milken Institute’s FinTech program looks forward to continuing to work with Congress to build a digital asset ecosystem that encourages innovation and fosters financial inclusion, access, and economic mobility.”
Nathan McCauley, Co-Founder and CEO, Anchorage Digital said: “The CLARITY Act is a meaningful step toward stronger digital asset market structure. Grateful to House Committee on Financial Services Chairman French Hill and Representative Bryan Steil for leading on this. We support efforts to bring regulatory clarity and look forward to continued engagement as the bill evolves.”
Nilmini Rubin, Chief Policy Officer, The Hedera Council said: “The Hedera Council writes in strong support of H.R. 3633, the Digital Asset Market CLARITY Act of 2025, and thanks both the Agriculture Committee and the Financial Services Committee for advancing this bipartisan legislation. The CLARITY Act represents the most balanced proposal yet to modernize U.S. oversight of digital asset markets. …Thank you for your leadership in forging a bipartisan path forward for digital asset regulation and support of policies designed to enshrine U.S. leadership in the digital era.”
Peter Van Valkenburgh, Executive Director, Coin Center said: “On behalf of Coin Center, I write to express our support for the Digital Asset Market Clarity (CLARITY) Act of 2025. We appreciate the Committee’s leadership in advancing a thoughtful and comprehensive framework for the regulation of digital asset markets. Coin Center has supported and encouraged the creation of a de novo federal regulatory regime for trusted entities in the cryptocurrency ecosystem since 2018; we understand how long the road to CLARITY has been and eagerly await its passage into law. …The CLARITY Act reflects meaningful bipartisan work across committees and incorporates important refinements that balance innovation with consumer protection and financial integrity. Coin Center strongly supports these efforts and stands ready to assist members of the Committee as the bill advances.”
Stuart Alderoty, CLO, Ripple said: “The GENIUS Act now goes to the President’s desk, and the CLARITY Act moves forward to the Senate – at long last, there’s movement on workable, clear frameworks for crypto and stablecoins that will both foster innovation and protect consumers. This is exactly what the American people have been asking for.”
Summer Mersinger, CEO, Blockchain Association said: “Market structure legislation is as inherently complex as it is vital for America’s digital asset future. Clear, well-crafted rules will determine whether the United States maintains its leadership in the global digital economy or cedes this advantage to other nations. The process behind the CLARITY Act demonstrates the careful approach necessary to navigate these complex policy challenges – and its bipartisan support signals Congress’ growing recognition that digital asset policy is about American competitiveness and innovation, not partisan politics.”
The Club For Growth said: “Cryptocurrency is the latest example of the free market opening new doors and improving lives for Americans of all incomes and backgrounds. Powered by blockchain technology, which eliminates the need for financial intermediaries, cryptocurrencies are driving economic growth and innovation by streamlining financial transactions, offering a reliable store of value and expanding access to banking services that spur entrepreneurship. Unfortunately, regulatory uncertainty is holding back adoption of the technology, putting the U.S. at risk of losing job-creating investment to foreign competitors. …Even though the bill creates a new regulatory structure for stable coins, this legislation creates more freedom and innovation in financial transactions. Stables coins are a financial vehicle that provides consumers and businesses more choices outside of traditional, legacy financial institutions. …Club for Growth urges the Senate and House to pass this commonsense legislation and ensure that the U.S. remains the digital asset capital of the world.”
The Digital Chamber said: “Today marks a significant milestone for American financial innovation and global competitiveness. After a decade of advocacy, we’re thrilled to celebrate these legislative achievements in ensuring America remains the global standard-setter for digital assets.”
Tyler Winklevoss, CEO, Gemini said: “The CLARITY Act aka The Market Structure Bill just passed through the House and is now on its way to the Senate. This is a huge step towards getting the regulatory clarity our industry needs. Next step is getting through the Senate, then President Trump’s desk. Onward!”