Digital Trading Clarity Act of 2022
Legislative Progress
Introduced
September 29, 2022
Latest Action
September 29, 2022
Primary Sponsor
Bill HagertyRepublican(TN)
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
0pct
0d open
vs 5,357 other S bills in the 117th — cohort avg 38d
Digital Trading Clarity Act of 2022 This bill establishes a safe harbor from securities regulation for certain digital asset exchanges and intermediaries. This safe harbor applies if (1) such digital asset is not classified as a security by the Securities and Exchange Commission (SEC) or by a U.S. court; and (2) the exchange or intermediary complies with requirements regarding listings, customer protection, and disclosures. If a digital asset is determined to be a security and otherwise meets these requirements, the exchange or intermediary has a two year period during which the SEC may not pursue specified enforcement activity against the exchange or intermediary.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (2)
2022 · fourth_quarter · Financial Institutions/Investments/Securities
H.R.5525 - ENABLERS Act: Provisions related to the definition of a financial institution H.R.7614 - Digital Commodity Exchange Act of 2022; All provisions of the bill H.R.8950 - Digital Commodities Consumer Protection Act of 2022; All provisions of the bill S.2710 - Open App Markets Act; All provision of the bill S.4356 - Lummis-Gillibrand Responsible Financial Innovation Act S.4528 - Improving Digital Identity Act of 2022; Provision regarding privacy and security S.4760 - Digital Commodities Consumer Protection Act of 2022; Provisions establishing a framework for digital currency S.4857 - Private Markets Transparency and Accountability Act; Provisions related to public reporting after meeting certain quantitive thresholds S.4985 - Cryptocurrency Cybersecurity Information Sharing Act; All provisions of the bill S.5030 - Digital Trading Clarity Act of 2022; All provisions of the bill Executive Order 14067 - Ensuring Responsible Development of Digital Assets; Provisions related to associated reports Stablecoins Legislation; Provisions to draft legislation Matters affecting digital asset regulation and cybersecurity Digital Market Structure and SEC Oversight Data on ownership of Digital Currency by U.S. residents Petition on rulemaking at SEC Campaign contributions made in digital currency; Provisions to draft legislation Matters affecting digital securities Tax provisions related to digital currency Regulatory Matters impacting digital currency
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $590,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office
2022 · fourth_quarter · Financial Institutions/Investments/Securities
Draft: Virtual Tax Currency Fairness Act Issues relating to mining of digital assets General legislative matters related to digital assets and Spot Bitcoin ETFs Digital Commodities Consumer Protection Act Responsible Financial Innovation Act Draft: Stablecoin Bill Digital Asset Antil Money Laundering Act FTC Scams Against Older Adults Advisory Committee S. 5030, Digital Trading Clarity Act of 2022 Stablecoin TRUST Act
Client expense: $250,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), Energy, Dept of, Environmental Protection Agency (EPA), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2022 · fourth_quarter · Science/Technology
Draft: Virtual Tax Currency Fairness Act Issues relating to mining of digital assets General legislative matters related to digital assets and Spot Bitcoin ETFs Digital Commodities Consumer Protection Act Responsible Financial Innovation Act Draft: Stablecoin Bill Digital Asset Antil Money Laundering Act FTC Scams Against Older Adults Advisory Committee S. 5030, Digital Trading Clarity Act of 2022 Stablecoin TRUST Act
Client expense: $250,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), Energy, Dept of, Environmental Protection Agency (EPA), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC)
2022 · third_quarter · Financial Institutions/Investments/Securities
H.R.7614 - Digital Commodity Exchange Act of 2022; All provisions H.R.8950 - Digital Commodities Consumer Protection Act of 2022; All provisions S.4356 - Lummis-Gillibrand Responsible Financial Innovation Act; All provisions S.4760 - Digital Commodities Consumer Protection Act of 2022; Provisions establishing a framework for digital currency S.4985 - Cryptocurrency Cybersecurity Information Sharing Act; All provisions S.5030 - A bill to provide digital asset intermediaries with a safe harbor from certain enforcement actions by the Securities and Exchange Commission, and for other purposes; Provisions related to Stablecoin Executive Order 14067 - Ensuring Responsible Development of Digital Assets; Provisions related to reports mandated, regulatory framework and trade in digital currency Stablecoins Legislation; Provisions to draft legislation Matters affecting digital asset regulation and cybersecurity
Client expense: $1,040,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office