TheBlock
The Digital Chamber of Commerce has escalated its lobbying campaign on Capitol Hill, issuing a formal call to action urging Congress to pass the Clarity Act — legislation designed to draw a definitive regulatory line between digital assets classified as securities and those treated as commodities.
The Clarity Act has been one of the most closely watched pieces of crypto legislation in Washington, aiming to resolve the long-running jurisdictional standoff between the SEC and CFTC that has left exchanges, token issuers, and institutional investors operating under persistent legal uncertainty.
A coordinated industry push of this kind signals that the Digital Chamber believes the current Congress has a viable window to act — and that the cost of inaction is now higher than the political friction of passing the bill.
Frequently asked questions
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What are the potential consequences of not passing the Clarity Act?
Failure to pass the Clarity Act could perpetuate the legal uncertainty faced by exchanges, token issuers, and institutional investors, impacting their operations and compliance.
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How does the Clarity Act aim to differentiate between securities and commodities?
The Clarity Act seeks to establish a clear regulatory distinction between digital assets classified as securities and those treated as commodities, addressing the jurisdictional conflict between the SEC and CFTC.
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