USA must still define your favorite “crypt” for Clarity Law, but there are already clues …
In the United States, the regulatory panorama for cryptocurrencies is going through a moment of intense activity with the proposal of the Genius Law and the Clary Law. The first was signed on July 18 by Donald Trump, marking a historical milestone for cryptocurrencies in the United States. The second, Clarity, could be imminently signed.
The latter, known as Digital Asset Market Clarity Act of 2025it is a bill that proposes a reclassification of digital assets such as “digital products” (digital commoditiesin English).
In the last hours, erroneous information circulated that stated that the text of that regulation He had designated Bitcoin, Ethereum and Cardano as «mature block chains»(Mature Blockchainsin English).
Cryptonoticia reviewed that document and found that, in no section or article, Bitcoin, Ethereum, Cardano, nor to Solana OA XRP are explicitly mentioned, thus demonstrating the recent statements.
Definitions and requirements for a mature block chain
Although Clarity Law does not name specific cryptocurrencies networks, it does repeatedly addresses the concept “mature block chain” and establishes some requirements and definitions to understand what it refers to.
For example, section 31 of the first title of the law is defined:
“The term ‘maturo blockchain system’ means a blockchain system, along with its related digital commodity, which is not controlled by any person or group of people under common control.”
Clarity Law.
This definition underlines the Importance of decentralization as a fundamental criterion.
Additionally, in the “Development Plan” section, within the section entitled “Requirements with respect to certain transactions of digital commodities”, the law Emphasize the role of governance and establishes necessary conditions to consider a block chain as “mature”:
“… The various roles that exist or are intended to exist in relation to the blockchain system, such as users, service providers, developers, transaction validators and governance participants, including a discussion about any mechanism through which control or authority is exercised with respect to the blockchain system or their related digital commodity, and any critical operational dependence of the blockchain system or its Related digital commodity ”.
Clarity Law.
Here, it is noted that decentralized governance is a key factor, covering from users to validators, and considers how control is distributed.
In addition, in the “Certification” section of 2 Requisites of the Maduro Blockchain System “, the law offers a first attempt based on this principle:
“With the purpose of sections 4 (a) (8), 4B and 4C of the 1933 Securities Law, any issuer of Commodity Digital, a person related to a digital commodity, a person affiliated with a digital commodity or decentralized governance system of the blockchain system can certify before the stock exchange and values that the blockchain system that is related to a digital commodity Maduro Blockchain system. ”
Clarity Law.
This section allows key actors, such as emitters or governance systems, request a certification that proves decentralized governance, which implies a formal process to evaluate maturity. This means that a network It must show that it does not depend on a single group to work.
Along the same lines, the law also clarifies that «a blockchain system, together with its digital commodity, will not be excluded from being considered a mature blockchain system only based on a functional, administrative, clerical or ministerial action of a decentralized governance system, including any action taken by a person acting on behalf and under the direction of the decentralized governance system … ».
This indicates that certain routine activities will not disqualify a network, provided that the commission approves it, protecting the interests of investors.
What would then be the “mature block chains”?
That question could answer by discard. Some cryptocurrency nets They seem not to meet the requirement of decentralized and independent governance of a central unit.
For example, Ripple controls, at least, almost 40% of the XRP supply, which implies that this company has a significant power over the distribution and potential manipulation of the asset, affecting the perception of decentralization.
In a similar case, the Ethereum Foundation (EF) is currently the third entity with the highest holdings of Ether (eth), having been displaced from the first place just three days ago, which suggests a concentration of power In the Ethereum ecosystem.
Also, both in Ethereum and Cardano, although more debatable, the influence of the EF, as well as that of Charles Hoskinson and his IOHK company, which promote the evolution of these ecosystems and protocols with great weight, partially impact governance, questioning their total independence.
Bitcoin’s case seems to be more adjusted towards a really decentralized network. Unlike projects with central entities that direct their development, Bitcoin operates without a unique authority, but with a group of collaborators. While until recently, Bitcoin Core, with its adoption of more than 90%, could be considered a group that directed the protocol policies of the nodes of the network, the uprising of Knots as an alternative client of Bitcoin is reducing its influence progressively and limiting its unidirectional action.
A recent evidence of this decentralization of Bitcoin is, therefore, the conflict between clients, which led operators that consider Bitcoin Core measures erroneous To migrate its structures to Bitcoin Knots.
Because of this, the number of Knots operators has grown since last April, when it barely had a few hundred, until almost 4,000 currently representing more than 15% of the total nodes.
This transition reflects the ability of the network to adapt, reinforcing its centralization resistance.
Anyway, Clarity Law opens a debate on How those criteria will be measured. The absence of specific names leaves the classification in the hands of future regulations, a point that could mold the cryptoactive ecosystem in the coming years.
The concrete is that the Clarity bill, promulgated by the House of Representatives of the US Congress. It still needs to be approved by the Senate and then signed by Donald Trump, president of the United States, who since he assumed his second term was very close to the adoption of Bitcoin and cryptocurrencies.
