Policy

Crypto Policy & Regulation

The CLARITY Act, SEC and CFTC rulemaking, DeFi frameworks, stablecoin legislation, and digital asset regulation — tracked as it develops.

Updated Sep 9, 2026CLARITY tracker — static reference

CLARITY Act Tracker

In Progress

Last change: Sep 12, 2026 — Amendment added in House Committee

HouseCommittee Review
→
SenateAwaiting Referral
→
PresidentPending
SEC
Securities Classification
Under Review

Definition of digital asset securities vs. commodities under active negotiation.

CFTC
Commodity Oversight
Supported

CFTC granted expanded jurisdiction over Bitcoin, Ethereum, and digital commodities.

DeFi
Decentralized Protocol Rules
Contested

Debate over whether DeFi protocols constitute brokers under existing law.

Stablecoins
Stablecoin Framework
Advancing

Separate stablecoin legislation moving in parallel. Reserve requirements under discussion.

Digital Commodities
Commodity Definition
Agreed

BTC and ETH formally classified as digital commodities in current draft.

Government Ethics
Official Crypto Holdings
Proposed

Proposed amendment to require expedited disclosure of crypto transactions by federal officials.

Latest Policy Updates

Sep 9, 2026notice
SECSelf-Regulatory Organizations; Nasdaq Texas, LLC; Notice of Filing, and Order Granting Accelerated Approval of, a Proposed Rule Change To Amend Rule 5711(d) (Commodity-Based Trust Shares)
Aug 21, 2026rulemaking
SECRegulation Crypto Assets
Aug 19, 2026notice
SECSelf-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of a Proposed Rule Change To List and Trade Shares of 3x Gold ETF, 3x Silver ETF, 3x Bitcoin ETF, 3x Ether ETF, 3x Crude Oil ETF, and 3x Natural Gas ETF, Each a Series of the VS Trust, Under BZX Rule 14.11(e)(4) (Commodity-Based Trust Shares)
Aug 18, 2026rulemaking
TreasuryGENIUS Act Regulations on Payment Stablecoin Issuance, Offer, and Sale
Aug 5, 2026notice
SECSelf-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Nasdaq Bitcoin Index Options; Correction
Aug 5, 2026notice
SECSelf-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Cboe Bitcoin U.S. ETF Index Options (“CBTX”) and Cboe Mini Bitcoin U.S. ETF Index Options (“MBTX”) Standard Transaction Fees
Aug 3, 2026notice
SECSelf-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing, and Order Granting Accelerated Approval of, a Proposed Rule Change To Amend Rule 14.11(e)(4) (Commodity-Based Trust Shares)
Aug 3, 2026notice
SECIn the Matter of Nasdaq PHLX LLC; Order Granting Petition for Review and Scheduling Filing of Statements Regarding an Order Approving, on an Accelerated Basis, a Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Nasdaq Bitcoin Index Options
Jul 31, 2026notice
SECSelf-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, To Amend NYSE Arca Rule 8.201-E (Generic) Commodity-Based Trust Shares
Jul 30, 2026notice
SECSelf-Regulatory Organizations; The Nasdaq Stock Market LLC; Order Granting Approval of a Proposed Rule Change, as Modified by Amendment No. 1, To Amend Nasdaq Rule 5711(d) (Commodity-Based Trust Shares)
Jul 27, 2026notice
TreasuryAgency Information Collection Activities: Proposed Information Collection; Comment Request; Applications for Licensing or Registration To Issue Payment Stablecoins Under the GENIUS Act
Jul 24, 2026notice
SECSelf-Regulatory Organizations; MEMX LLC; Notice of Filing of Partial Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Partial Amendment No. 1, To Amend Rules 19.3 and 19.4 To Establish Listing Criteria and Withdrawal Standards for Options on Commodity-Based Trusts That Hold Multiple Crypto Assets
Jul 20, 2026notice
Federal Deposit Insurance CorporationReporting Forms and Instructions Associated With Requirements and Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers
Jul 20, 2026notice
SECSelf-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule 6.8-O To Increase Position and Exercise Limits for Options on iShares Bitcoin Trust ETF
Jul 17, 2026notice
SECSelf-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule 904 and Rule 905 To Increase Position and Exercise Limits for Options on iShares Bitcoin Trust ETF
Jun 24, 2026rulemaking
TreasuryPermitted Payment Stablecoin Issuer Anti-Money Laundering/Countering the Financing of Terrorism and Sanctions Compliance Risk Management
Jun 23, 2026notice
SECSelf-Regulatory Organizations; The Nasdaq Stock Market LLC; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To List and Trade Shares of the VanEck JitoSOL ETF Under Nasdaq Rule 5711(d) (Commodity-Based Trust Shares)
Jun 22, 2026rulemaking
FinCENPermitted Payment Stablecoin Issuer Customer Identification Program
Jun 22, 2026notice
SECSelf-Regulatory Organizations; 24X National Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Exchange's Rules To Enable the Trading of Securities on the Exchange in Tokenized Form During the Pendency of a Pilot Program To be Operated by the Depository Trust Company
Jun 17, 2026notice
SECSelf-Regulatory Organizations; NYSE Arca, Inc.; Order Granting Approval of a Proposed Rule Change, as Modified by Amendment No. 2 Thereto, To List and Trade Shares of the T. Rowe Price Active Crypto ETF under NYSE Arca Rule 8.201-E (Generic) Commodity-Based Trust Shares

All policy information is based on publicly available legislative and regulatory sources. For informational purposes only. Latest Federal Register data as of Sep 9, 2026.