On May 29, 2025, the CLARITY Act was introduced in the U.S. Congress with the aim of creating an effective regulatory system for digital assets, significantly affecting the cryptocurrency market.
Introduction of the CLARITY Act
The CLARITY Act was introduced by U.S. Representative French Hill on May 29, 2025. It aims to establish a clear regulatory framework for digital assets, which will have a significant impact on major cryptocurrencies.
Expected Decrease in Compliance Costs
The adoption of this bill may lead to lower compliance costs for cryptocurrency developers. This, in turn, could increase institutional interest in the U.S. market.
Comparison to Previous Regulatory Attempts
Previous attempts to regulate cryptocurrencies in the U.S. were fragmented, leading to uncertainty. The CLARITY Act is compared to the GENIUS Act, which focused on stablecoins. Experts believe that the new law will contribute to stabilizing U.S. digital asset markets.
The CLARITY Act represents a significant step towards creating a clear regulatory environment for digital assets in the U.S., which could positively impact market development.