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Digital Asset Market Clarity Act of 2025

Floor Speech

Date: July 17, 2025
Location: Washington, DC

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Mr. FITZGERALD. Mr. Speaker, I rise today in support of the bipartisan CLARITY Act, commonsense legislation that finally gives digital asset markets the regulatory certainty they need to grow responsibly right here in the United States.

For too long, innovators have been stuck in a regulatory gray zone caught between agencies and overlapping authority and subject to enforcement instead of clear rules.

The uncertainty has driven jobs, investment, and innovation offshore while leaving American consumers exposed.

The CLARITY Act fixes this. It establishes clear, functional rules for digital assets, drawing a bright line between the SEC and the CFTC and creating strong, enforceable protections for consumers.

It ensures the digital assets developers and consumer-facing firms play by the rules, disclosing who owns what, segregating customer funds, and avoiding conflicts of interest.

It is long overdue, and I commend the chairmen for bringing this bill to the floor today.

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