Angus S. King, Jr.: Voted NO on HR 3633: Motion to Invoke Cloture: Motion to Proceed to H.R. 3633

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Angus S. King, Jr., Sep 15, 2026

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The bill

Digital Asset Market Clarity Act of 2025

Digital Asset Market Clarity Act

Topic: Finance and Financial Sector

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This bill establishes a regulatory framework for digital commodities, defined by the bill as digital assets that rely upon a blockchain for their value. The Commodity Futures Trading Commission must generally regulate digital commodities transactions, including digital commodity exchanges, brokers, and dealers. To qualify for trade on an exchange (1) a digital commodity’s blockchain must be mature, or on a blockchain system that has achieved decentralized control as defined by the bill; or (2) the issuer of the digital commodity must file certain reports. The bill establishes requirements for trade monitoring, recordkeeping, and the commingling of customer assets. The bill exempts digital commodities on mature blockchains (and digital commodities on blockchains expected to mature within certain timeframes) from Securities and Exchange Commission (SEC) registration requirements if annual sales fall under a certain amount and other requirements are met. The bill provides the SEC with jurisdiction over digital commodity activities and transactions engaged in by certain brokers and dealers on alternative trading systems and by national securities exchanges.

Source: Congressional Research Service summary

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Vote source: senate.gov

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Voted NO on Advancing the “Digital Asset Market Clarity Act of 2025” (HR 3633)

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Voted NO on Advancing the “Digital Asset Market Clarity Act of 2025” (HR 3633)

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Sen. King, voted NO on advancing the “Digital Asset Market Clarity Act of 2025” (HR 3633)

Voted NO on Advancing the “Digital Asset Market Clarity Act of 2025” (HR 3633)

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Sen. King, voted NO on advancing the “Digital Asset Market Clarity Act of 2025” (HR 3633)

Voted NO on Advancing the “Digital Asset Market Clarity Act of 2025” (HR 3633)

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