U.S. House Passes CLARITY Act, Classifying Bitcoin as a Digital Commodity
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Bill Passage: The U.S. House passed the CLARITY Act with a 294-134 vote, aiming to clarify regulatory boundaries for digital assets, which could significantly impact market dynamics for Bitcoin and Ethereum.
- Bitcoin Classification: Under the CLARITY Act, Bitcoin is likely to be officially classified as a digital commodity, bringing it under CFTC regulation, which may eliminate regulatory ambiguity and potentially enhance market demand.
- Ethereum Outlook: Ethereum's classification will depend on whether it is deemed sufficiently decentralized based on the
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






