Emmer’s Securities Clarity Act and Blockchain Regulatory Certainty Act pass House Financial Services Committee Markup

Washington, D.C. – Last night, Congressman Tom Emmer’s Securities Clarity Act and elements of the Blockchain Regulatory Certainty Act (BRCA) passed out of the House Financial Services Committee markup after being included in the CLARITY Act. The CLARITY Act was reported favorably to the House floor, an important step toward passing the legislation through Congress.

“The United States has a real opportunity to lead and deliver on President Trump’s promise to make America the crypto capital of the world. The CLARITY Act, with our Securities Clarity Act and BRCA included, unlocks this opportunity and finally gives developers and investors the confidence they need to innovate and build here at home,” Congressman Emmer said.

Background:

The Securities Clarity Act provides market certainty for innovators and clear jurisdictional boundaries for regulators. The elements of the Blockchain Regulatory Certainty Act that are included in the CLARITY Act codify that digital asset developers and service providers that do not custody consumer funds are not money transmitters.

The Securities Clarity Act is endorsed by CoinCenter, the Blockchain Association, The Digital Chamber, and the Crypto Council for Innovation. More information on the Securities Clarity Act can be found here.

The BRCA is supported by CoinCenter, the DeFi Education Fund, the Blockchain Association, The Digital Chamber, the Solana Policy Institute, and the Crypto Council for Innovation. More information on the BRCA can be found here.

Congressman Emmer is an original cosponsor of the CLARITY Act and a Co-Chairman of the Congressional Crypto Caucus.  

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