Should Congress set clear federal rules for crypto?
The CLARITY Act (H.R. 3633) would split oversight of digital assets between the SEC and CFTC and create a federal framework for crypto trading, custody, and disclosures. Supporters say clear rules protect consumers and keep the industry in the US; critics say the current version is too weak on investor protection and conflicts of interest. It sits on the Senate calendar. Where do you stand?
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The case for
A defined framework replaces today's patchwork of enforcement actions with clear standards for custody, disclosure, and operations. Supporters argue that gives investors more transparency and keeps digital-asset businesses onshore instead of moving overseas.
Source: Blockchain Association (supports, industry lean) →The case against
Critics argue the bill's investor protections are thin, that it could let some risky products avoid tougher securities rules, and that it preempts state consumer safeguards while leaving conflicts of interest among officials tied to crypto unaddressed.
Source: Consumer Reports (opposes as written, consumer-protection lean) →My Democracy doesn’t take a side — you choose your position below, and your message carries it. Sources represent one organization on each side; they don’t reflect My Democracy’s position.
This campaign is about this bill
H.R. 3633: Digital Asset Market Clarity ActWhat it does
Digital Asset Market Clarity Act of 2025 or the CLARITY Act of 2025This bill establishes a regulatory framework for digital commodities, defined by the bill as digital assets that rely upon a blockchain for their value.The Commodity Futures Trading Commission must generally regulate digital commodities transactions, including digital commodity exchanges, brokers, and dealers. To qualify for trade on an exchange (1) a digital commodity’s blockchain must be mature, or on a blockchain system that has achieved decentralized control as defined by the bill; or (2) the issuer of the digital comm
Latest action: Placed on Senate Legislative Calendar under General Orders. Calendar No. 423. (Jun 1, 2026)
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What’s your position?
Both sides are laid out above. Your message will carry your position — My Democracy doesn’t take a side.