CLARITY Act
Plain definition. The CLARITY Act, formally the Digital Asset Market Clarity Act, is a US bill on crypto market structure that would split oversight of digital assets between the SEC and CFTC.
Technical definition. The Digital Asset Market Clarity Act, numbered H.R. 3633, is crypto market structure legislation. FinTech Weekly described its core on September 23, 2026 as splitting oversight of digital assets between the SEC and the CFTC. The draft text also contains ethics language governing officials’ crypto holdings.
On this site
On this site, CLARITY Act comes up in What happened to the CLARITY Act, and does it affect XRP?, How much have Ripple and its executives spent on lobbying and political donations? and Could a future US government reverse XRP’s regulatory position?.
Source
CLARITY Act: The Senate Vote Failed 49 to 50. The Fight Now Moves to the Regulators. - FinTech Weekly (fintechweekly.com), read October 1, 2026.