Clarity Act gains support from Chuck Grassley ahead of Senate vote

Senator Chuck Grassley has officially endorsed the Digital Asset Market Clarity Act of 2025, a major piece of crypto legislation. The bill aims to provide regulatory clarity by distinguishing between digital assets classified as securities and those acting as commodities, thereby exempting certain commodities from SEC jurisdiction.

Key provisions include protecting non-controlling software developers from registration requirements, mandating anti-money laundering (AML) programs, and including anti-CBDC measures to prevent a centralized federal digital currency. The legislation seeks to balance innovation with security through enhanced blockchain tracing capabilities.

As the Senate Banking Committee prepares for a critical markup on May 8, 2026, market analysts suggest the bill's passage could drive significant institutional capital into the $2 trillion digital asset market. However, critics warn that strict AML requirements may disproportionately burden smaller market participants.

(Source：Crypto Briefing)