The House of Representatives has introduced the Digital Asset Market Clarity Act, which looks to adopt a structured legislative approach towards the crypto market.
Well, this is exactly what the crypto community was hoping for ever since the appointment of the pro-crypto Donald Trump as US President.
As the crypto market is finally moving toward a more legislative-focused growth, will it have a positive impact on altcoins? Let’s explore the CLARITY act in more detail and whether it can push the top altcoins to higher peaks.
Everything You Need to Know About the CLARITY Act
The CLARITY Act gives more power to the Commodity Futures Trading Commission (CFTC), including ‘exclusive’ jurisdiction over ‘digital commodity cash or spot markets.’
For those out of the loop, digital commodities are digital assets that behave more like a commodity (oil or gas) instead of a typical security.
While there’s no definitive list of digital commodities, Bitcoin and Ethereum definitely count among them.
Moreover, the act only applies to spot and cash markets, where participants buy these digital commodities in exchange for cash. It doesn’t include speculative and derivative products, such as futures and options.
The CLARITY Act has proposed some major changes and provisions, as follows.
Registration with the CFTC
The CLARITY Act requires crypto platforms choose to either register with the CFTC or the Securities and Exchange Commission (SEC). This will depend on the types of digital assets they offer: digital commodities, securities, or both.
What’s more, the platforms registered with the CFTC as digital commodity exchanges, brokers, or dealers must also comply with the Bank Secrecy Act.
This would require these platforms to comply with KYC requirements, monitor suspicious activities, and file regular Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs), thereby increasing record-keeping requirements for enforcing legal compliance.
Crypto Custodian Provisions
The Staff Accounting Bulletin 121 (SAB121) passed by the SEC in 2022 required crypto custodians to record crypto assets and liabilities belonging to their clients in their own balance sheet. However, the CLARITY Act proposes a more logical approach.
Regulators like the SEC cannot ask digital asset custodians to record digital assets held by their clients on their own balance sheets. After all, the ‘asset belongs to the client, not the custodian.’
Stablecoin Oversight
The Act has also cleared the air around stablecoins, expressly stating that these are not securities, and the SEC, therefore, has no say on their regulation. Stablecoins like $USDC, $USDT, or PayPal USD will be regulated by ‘whichever regulator already oversees the firm involved.’
This means that if a stablecoin has been issued by a bank, bank regulators such as the FED or OCC will regulate it. Similarly, USDC will be regulated by the agency that oversees Circle, the issuer of $USDC.
It’s also worth noting that the Stablecoin Bill is due for discussion next week. It aims to establish clearer rules for managing and issuing stablecoins, protecting consumers, and preventing financial instability.
However, a few experts believe that the Stablecoin Bill and the CLARITY Act must merge for a more unified approach towards crypto markets.
Overall, the CLARITY Act is a good first step towards a more regulated and structured crypto market, with clear demarcation between spot and cash markets, as well as stablecoin treatment.
As the crypto market becomes more organized, investor confidence in digital assets is bound to skyrocket. This may lead to a massive increase in investments over time, which puts retailers like yourself at the perfect spot to buy and hold the next big crypto coin.
1. MIND of Pepe ($MIND) – Best Crypto to Ride the Altcoin Rally
MIND of Pepe ($MIND) is hands down one of the best crypto to buy now thanks to its revolutionary ability to analyze online chatter and real-time market data and churn out actionable crypto trading insights.
The $MIND AI agent lives on social media platforms like X, where it interacts with the crypto community and takes in their opinions and biases about various meme coins.
Next, it combines this info with live on-chain activity data from platforms like CoinMarketCap and DexScreener to find out the next cryptos to explode.
If you want to crank up your crypto investment game, consider becoming a $MIND token holder. It would not only give you exclusive access to the AI agent’s recommendations but also front-row seats to the tokens created by $MIND firsthand.
MIND of Pepe is currently in presale, with over $11.3M in funding. However, since it’s only a few hours away from completion, this is really your last chance to buy $MIND for a low price of $0.0037515.
2. SUBBD Token ($SUBBD) – Top New Altcoin Revolutionizing the Online Creator Industry
SUBBD Token ($SUBBD) is a relatively new crypto designed to revolutionize the $85B subscription-based online content industry.
Currently, digital creators have to put up with hefty platform fees, hectic schedules, and disgruntled fans who crave a more organic connection with their favorite creators.
SUBBD flips the script by offering a unique platform with tons of AI tools for automation. Creators can use audio, video, and voice generators to upscale content production, management, and distribution.
In addition to being able to spend more time with their favorite creators, fans can also use $SUBBD to pay for exclusive creator content, including personalized requests, on the SUBBD platform.
What’s more, $SUBBD holders also get exclusive discounts on content and subscriptions, governance rights, and impressive staking rewards, including access to exclusive creator livestreams and daily BTS drops.
SUBBD Token is currently in presale, meaning it’s available for some of its lowest-ever prices. One $SUBBD currently costs just $0.05555, and the project has raised over $560K in total. Here’s how to buy $SUBBD.
3. SPX6900 ($SPX) – Meme Coin Twist to the S&P 500 Index
With a current market capitalization of over $1B, SPX6900 ($SPX) has emerged as one of the best meme coins of 2025.
The token is up over 105% in the last month or so, including a chunky 22% gain over just the last seven days. It’s currently trading at around $1.16, offering a discounted entry point for interested investors.
It’s worth noting that during its most recent rally, $SPX broke through all past resistance levels, at least the most important ones. The token is now looking forward to capturing its all-time high of around $1.50.
$SPX is similar to other meme coins in that it’s driven by community engagement, meme culture, and hype.
SPX6900 blends humor and finance, offering a meme coin twist to one of the best stock market indexes in the world, the S&P 500.
Fasten Your Seat Belt Before Hopping on the Altcoin Train
With more crypto-friendly legislation on the way, the time is indeed ripe to invest in high-potential tokens like MIND of Pepe ($MIND) and SUBBD Token ($SUBBD).
However, despite favorable macroeconomic conditions, the crypto market’s volatility has even experts second-guessing its next move.
As a result, we urge you to only invest a small amount, especially if you’re new to crypto. Also, kindly do your own research before investing; this article isn’t financial advice.
