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BillHR 3633 · 119

Digital Asset Market Clarity Act

Introduced
May 29, 2025
Cosponsors
21
Traction
0
Last Action
Jun 1, 2026

Bill Summary

Regulates digital assets, such as cryptocurrencies, by providing clarity on their classification and oversight. Requires federal agencies to define and distinguish between different types of digital assets.

Sponsored By

J. French Hill
Republican · Arkansas · House

Bill Journey

  1. May 29, 2025
  2. Jun 1, 2026You Are Here

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  3. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  4. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects investors, financial institutions, and companies involved in digital asset markets, providing them with clearer guidelines and regulatory certainty. It also impacts consumers who use or invest in digital assets, such as cryptocurrencies, by potentially changing how these assets are bought, sold, and traded.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
22backers
  • Democratic7
  • Republican15
Cross-party cosponsors7 · 33%
Latest floor voteJul 17, 2025
294134

Documents

1

Full text opens on congress.gov, the official source.

Cosponsors (21)

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicMoney & Economy
CommitteeHouse Committee (sample)Sample
IntroducedMay 29, 2025
Last UpdatedJun 1, 2026
Latest ActionPlaced on Senate Legislative Calendar under General Orders. Calendar No. 423.
Subjects
  • Economy

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.