Bills / H.R. 3633
H.R. 3633
Digital Asset Market Clarity Act
In plain English
The CLARITY Act of 2025 would set rules for digital assets that rely on a blockchain for their value, affecting businesses that issue or trade them and their customers. The Commodity Futures Trading Commission would oversee most trading, while the Securities and Exchange Commission would oversee certain activities. The bill would set conditions for exchange trading and rules for tracking trades, keeping records, handling customer assets, and preventing money laundering. Some digital assets would be exempt from SEC registration if they meet the bill’s conditions.
Simplified by AI from the Congressional Research Service summary. Check the full text on Congress.gov.
Sponsor and status
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How South Carolina voted
On Cloture on the Motion to Proceed · Senate roll call 234 · 2026-09-15 · Roll-call record ↗
| Darline Graham (R) | Lindsey Graham (R) | Tim Scott (R) |
|---|---|---|
| Yea | Not serving | Yea |
Who lobbied
Lobbying reports name the bills a client worked on. They don't say which side anyone took.
864 reports from 208 clients reporting $230,368,997 in fees and expenses. Fees cover each report's whole lobbying effort, not just this bill.
Businesses and trade groups (144)
- AMERICAN BANKERS ASSOCIATION ↗13 reports
- VISA, INC. ↗18 reports
- SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION ↗Finance · 6 reports
- AMERICAN ASSOCIATION FOR JUSTICE ↗6 reports
- COINBASE, INC. ↗Finance · 20 reports
- JPMORGAN CHASE HOLDINGS LLC ↗6 reports
- AMERICAS CREDIT UNIONS, FKA CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA ↗6 reports
- MANAGED FUNDS ASSOCIATION ↗5 reports
- INVESTMENT COMPANY INSTITUTE ↗4 reports
- NATIONAL VENTURE CAPITAL ASSOCIATION ↗Finance · 6 reports
- WELLS FARGO & COMPANY ↗Finance · 11 reports
- BANK OF AMERICA CORPORATION ↗Finance · 5 reports
- FINANCIAL SERVICES FORUM ↗Finance · 13 reports
- BLOCKCHAIN ASSOCIATION ↗14 reports
- CITIGROUP WASHINGTON, INC. ↗3 reports
- PAYWARD INC. (FORMERLY KNOWN AS PAYWARD INTERACTIVE, INC. D/B/A KRAKEN) ↗12 reports
- CME GROUP INC ↗6 reports
- S&P GLOBAL INC. (F/K/A MCGRAW HILL FINANCIAL INC.) ↗Finance · 7 reports
- DIGITAL CURRENCY GROUP ↗8 reports
- DELOITTE LLP ↗Legal · 5 reports
- PAYPAL INC ↗4 reports
- FMR LLC ↗3 reports
- CONSUMER TECHNOLOGY ASSOCIATION ↗2 reports
- PARADIGM OPERATIONS LP ↗9 reports
- MORGAN STANLEY & CO LLC ↗Finance · 1 report
and 119 more
Advocacy groups and nonprofits (19)
- SOLANA POLICY INSTITUTE ↗12 reports
- BANK POLICY INSTITUTE ↗6 reports
- AMERICAN CIVIL LIBERTIES UNION ↗1 report
- AMERICANS FOR FINANCIAL REFORM ↗7 reports
- WESTERN ALLIANCE BANCORPORATION ↗4 reports
- FILECOIN FOUNDATION ↗10 reports
- AMERICANS FOR PROSPERITY ↗1 report
- ELECTRONIC PAYMENTS COALITION ↗4 reports
- TRANSPARENCY INTERNATIONAL U.S. (A PROJECT OF THE FUND FOR CONSTITUTIONAL GOVT) ↗7 reports
- AMERICANS FOR TAX REFORM ↗3 reports
- THE INSTITUTE OF INTERNAL AUDITORS ↗3 reports
- AMERICAN TRANSACTION PROCESSORS COALITION ↗3 reports
- FACT COALITION (A PROJECT OF THE FUND FOR CONSTITUTIONAL GOVERNMENT) ↗6 reports
- ALLIANCE FOR RETIRED AMERICANS ↗1 report
- SATOSHI ACTION FUND ↗3 reports
- CENTER FOR AMERICAN PROGRESS ACTION FUND ↗2 reports
- HELIUM FOUNDATAION (DECENTRALIZED WIRELESS FOUNDATION) ↗2 reports
- DIGITAL SOVEREIGNTY ALLIANCE (DSA) ↗1 report
- DEMAND PROGRESS ACTION ↗1 report
Labor unions (8)
- AFL-CIO ↗4 reports
- AMERICAN FEDERATION OF TEACHERS ↗2 reports
- INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS ↗5 reports
- NATIONAL TREASURY EMPLOYEES UNION ↗1 report
- NATIONAL FRATERNAL ORDER OF POLICE ↗3 reports
- SERVICE EMPLOYEES INTERNATIONAL UNION CTW-CLC ↗1 report
- INT'L ASSOCIATION OF BRIDGE STRUCTURAL ORNAMENTAL & REINFORCING IRON WORKERS ↗1 report
- NATIONAL NURSES UNITED ↗1 report
Not classified (37)
- INDEPENDENT COMMUNITY BANKERS OF AMERICA ↗7 reports
- AARP ↗1 report
- MASTERCARD WORLDWIDE ↗1 report
- RIPPLE ↗6 reports
- DEFI EDUCATION FUND ↗10 reports
- AMERICAN FEDERATION OF STATE COUNTY AND MUNICIPAL EMPLOYEES ↗2 reports
- HUNTINGTON BANCSHARES INCORPORATED ↗6 reports
- PATHWARD, N.A. ↗6 reports
- HYPERLIQUID POLICY CENTER ↗2 reports
- DECENTRALIZATION RESEARCH CENTER ↗11 reports
- CIRCLE ↗6 reports
- MGM RESORTS INTERNATIONAL ↗2 reports
- VISA ↗10 reports
- COINFLIP ↗6 reports
- WORLDPAY ↗3 reports
- CHAMBER OF PROGRESS ↗5 reports
- TETHER OPERATIONS, S.A. DE C.V. ↗7 reports
- UNISWAP LABS ↗3 reports
- AMERICAN COLLEGE OF OBSTETRICIANS AND GYNECOLOGISTS ↗1 report
- LEDGER SAS ↗5 reports
- WISDOMTREE DIGITAL MANAGEMENT ↗5 reports
- POLYGON LABS SERVICES (SWITZERLAND) AG ↗2 reports
- DEMOCRACY FORWARD ↗1 report
- CHAMBER OF DIGITAL COMMERCE D/B/A THE DIGITAL CHAMBER ↗5 reports
- UNITE HERE! ↗2 reports
and 12 more
Groupings are our label from each organization's name and industry, not its legal or tax status.
The connection table
Organizations that lobbied this bill, and money each gave South Carolina's delegates this cycle: its PAC's contributions (FEC) plus its lobbyists' reported contributions and event payments (LD‑203, group events excluded). Exact name matches only. An empty cell means no matching money was found. Under each name is that delegate’s final vote on the bill (passage or last substantive vote). Delegates who didn’t vote on it, for example because they weren’t serving, are grayed out and left out of the Total column.
| Organization | D. GrahamYea | L. GrahamNo vote | T. ScottYea | J. ClyburnNo vote | J. WilsonNo vote | N. MaceNo vote | R. NormanNo vote | R. FryNo vote | S. BiggsNo vote | W. TimmonsNo vote | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION | – | – | $7,500 | – | – | – | – | – | – | $6,000 | $7,500 |
| MINDSET ADVOCACY, LLCLobbying firm for VISA USA, INC. | – | – | $6,500 | $1,000 | – | – | – | $2,000 | – | $500 | $6,500 |
| WELLS FARGO & COMPANY | – | – | $5,500 | $1,000 | – | – | – | – | – | $1,000 | $5,500 |
| INDEPENDENT COMMUNITY BANKERS OF AMERICA | – | – | $5,000 | $2,000 | – | – | – | – | – | $5,000 | $5,000 |
| INVESTMENT COMPANY INSTITUTE | – | – | $5,000 | $7,500 | – | – | – | – | – | – | $5,000 |
| FINANCIAL SERVICES FORUM | – | – | $5,000 | – | – | – | – | – | – | – | $5,000 |
| DELOITTE LLP | – | $2,500 | $5,000 | $5,000 | – | – | – | $2,500 | – | $7,500 | $5,000 |
| ERNST & YOUNG LLP (WASHINGTON COUNCIL ERNST & YOUNG) | – | $5,000 | $5,000 | – | – | – | – | $2,000 | – | $2,500 | $5,000 |
| HUNTINGTON BANCSHARES INCORPORATED | – | – | $5,000 | – | $1,500 | – | – | – | – | $2,500 | $5,000 |
| WESTERN ALLIANCE BANCORPORATION | – | – | $5,000 | – | – | – | – | – | – | – | $5,000 |
| KPMG LLP | – | – | $5,000 | – | – | – | – | – | – | $2,500 | $5,000 |
| CMFG LIFE INSURANCE COMPANY | – | – | $5,000 | – | – | – | – | – | – | – | $5,000 |
| JPMORGAN CHASE HOLDINGS, LLC | – | $1,000 | $5,000 | $5,000 | – | – | – | – | – | $2,000 | $5,000 |
| DB USA CORPORATION | – | – | $5,000 | – | – | – | – | – | – | – | $5,000 |
| VISA INC. | – | $2,000 | $5,000 | $2,500 | – | – | – | $2,500 | – | $2,000 | $5,000 |
| INVARIANT LLCLobbying firm for CIRCLE, RAMP BUSINESS CORPORATION, XAPO BANK LIMITED +5 more | – | – | $3,500 | – | – | – | – | – | – | – | $3,500 |
| AKIN GUMP STRAUSS HAUER & FELDLobbying firm for VISA, U.S.A., INC. | – | – | $3,500 | $1,250 | – | – | – | $6,500 | – | – | $3,500 |
| PORTERFIELD, FETTIG & SEARS, LLCLobbying firm for COINBASE, INC. | – | – | $3,500 | – | – | – | – | – | – | – | $3,500 |
| CGCN GROUP, LLCLobbying firm for BANK POLICY INSTITUTE (FKA THE FINANCIAL SERVICES ROUNDTABLE), WELLS FARGO, CITADEL ENTERPRISE AMERICAS LLC | – | – | $3,000 | – | – | – | – | – | – | – | $3,000 |
| FEDERAL HALL POLICY ADVISORS, LLCLobbying firm for SOLANA POLICY INSTITUTE | – | – | $3,000 | – | – | – | – | $1,000 | – | $1,000 | $3,000 |
| SOLANA POLICY INSTITUTE | – | – | $2,500 | – | – | – | – | – | – | $1,500 | $2,500 |
| FRANKLIN TEMPLETON, INC. AND AFFILIATES (FORMERLY FRANKLIN RESOURCES, INC.) | – | – | $2,500 | – | – | – | – | – | – | $4,000 | $2,500 |
| RBC CAPITAL MARKETS, LLC | – | – | $2,500 | – | – | – | – | – | – | – | $2,500 |
| GOWEST CREDIT UNION ASSOCIATION | – | – | $1,500 | – | – | – | – | – | – | – | $1,500 |
| HARBINGER STRATEGIES, LLCLobbying firm for AMERICAN BANKERS ASSOCIATION | – | – | $1,500 | – | – | – | – | – | $500 | $1,000 | $1,500 |
| PHRONESISDC, LLCLobbying firm for PARADIGM OPERATIONS LP, VISA INC., CRYPTO COUNCIL FOR INNOVATION +2 more | – | $1,000 | $1,000 | – | – | – | – | – | – | – | $1,000 |
| ELECTRONIC PAYMENTS COALITION | – | – | events only | – | – | – | – | – | – | – | – |
| Total | – | $63,000 | $107,500 | $61,500 | $9,500 | – | $4,000 | $40,250 | $3,226 | $78,000 |