What's the deal with the CLARITY Act? The Digital Asset Market Clarity Act (H.R. 3633) is a proposed U.S. legislation that's been getting serious attention in crypto circles. Here's why it matters: it actually tries to draw clear lines in the sand for digital asset regulation.

The core idea? Split regulatory authority between two heavyweight agencies—the SEC handles securities-like digital assets, while the CFTC takes the lead on commodities. This division of labor is huge because the current regulatory landscape has been... well, confusing. Different agencies stepping on each other's toes, conflicting guidance, the whole mess.

What makes CLARITY different is the attempt to define which regulator handles what. No more ambiguity about whether something falls under securities law or commodity law. The bill specifically addresses what counts as "non-ancillary assets" and creates a framework to determine which assets need what kind of oversight.

For traders and crypto projects, this could mean real certainty—knowing which rulebook applies instead of guessing and hoping. It's not perfect legislation, but it's a step toward the clarity the industry has been desperately asking for.