HR3633-119
Passed HouseDigital Asset Market Clarity Act
Joe Courtney’s recorded connection
1 recorded vote on this bill
- Voted Nay — On Passage, Jul 17, 2025
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Unclear effects on Insured depository institutions
No material effect identified
Requires federal banking regulators to establish rules permitting insured depository institutions to perform custody of digital assets (removed version). In practical terms, Insured depository institutions face none (ambiguous).
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Potential benefit to Insured depository institutions
More revenue opportunities
Requires federal banking regulators to establish rules permitting insured depository institutions to perform custody of digital assets including holding assets in omnibus or segregated accounts, with appropriate... In practical terms, Insured depository institutions face revenue opp up (positive); Federal banking regulators face compliance burden up (negative).