On 17 July 2025, the Digital Asset Market Clarity Act of 2025, which includes provisions for provisional registration of entities acting as digital commodity exchanges, brokers, and dealers within the United States, was passed by the House of Representatives. Section 106 of the Act mandates that within 180 days of its enactment, these entities must file for provisional registration with the Commodity Futures Trading Commission, unless exempted under specific sections of the Commodity Exchange Act. The registration aims to enhance transparency and regulation in the digital commodity sector, covering areas such as management disclosures, digital commodity operations, and compliance with customer protection measures. Entities failing to adhere to the registration requirements may face sanctions, ensuring alignment with existing regulatory frameworks.
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