An updated version of the CLARITY Act text has reportedly been released with new decentralized finance (DeFi) requirements and changes affecting credit unions, according to unconfirmed reports. As of now, the specific revised document, its release date, and its exact provisions have not been independently confirmed, so the updated CLARITY Act text should be read with caution.
KEY TAKEAWAYS
- A single, unconfirmed report says a revised CLARITY Act text has been released; the actual document has not been located or verified.
- The report ties the update to new DeFi rules, but no confirmed text describes those obligations or who they cover.
- The report also mentions credit union changes, yet no verified language shows what those changes are.
What Changed in the Updated CLARITY Act Text?
The claim that an updated CLARITY Act text now exists comes from a single, unconfirmed report. No bill version number, release date, sponsor, or committee has been verified. For related coverage, see a16z Says CLARITY Act Senate Breakthrough Could Be a Watershed Moment for Crypto.
It is important to separate two things. Releasing a revised draft is not the same as passing or enacting a law. No verified source confirms that this reported revision has advanced to a vote. For related coverage, see SEC proposes transfer agent rule changes for tokenized securities.
The only official document we can point to is the House-passed baseline. That is H.R. 3633, the Digital Asset Market Clarity Act of 2025, published as engrossed in the House by the U.S. Government Publishing Office. This baseline is background only, not proof of the reported new draft.
The legislative debate is clearly still active. Treasury Secretary Scott Bessent urged lawmakers to keep the CLARITY process moving, and the bill cleared the Senate Banking Committee in May, Cointelegraph reported on September 10, 2026. That reporting does not confirm the specific revised text. For more on the road ahead, see our coverage of the CLARITY Act Senate step on September 15.
New DeFi Requirements in the Revised Text
Decentralized finance, or DeFi, means financial services like lending and trading that run on blockchains without a traditional company in the middle. The reported update supposedly adds new DeFi requirements, but no confirmed provision language exists to describe them.
Because the revised text has not been located, we cannot name the covered activities, the affected parties, or any exceptions. Any list of new obligations would be guesswork, so we are not publishing one.
The House baseline gives useful context, not proof of the reported changes. Section 109 of that text would stop treating a non-controlling blockchain developer or service provider as a money transmitter solely for publishing software, offering self-custody tools, or providing infrastructure. It preserves treatment based on other conduct.
Section 110 of the baseline would add digital commodity brokers, dealers, and certain registered exchanges that allow direct customer access to a cited Bank Secrecy Act provision. Again, this is existing House language, not the reported revision. Debate over how to treat DeFi has long divided lawmakers, as seen in Senator Elizabeth Warren’s opposition to the CLARITY Act.
Credit Union Changes in the Updated CLARITY Act
The report also points to credit union changes, but supplies no detail. No verified text establishes any change to credit union powers, oversight, or obligations.
The House baseline mentions credit union regulators only in passing. Section 105(c) protects lawful individual self-custody and certain peer-to-peer transactions, limits that protection to personal use, and excludes custodial or fiduciary activity for others. It preserves existing authorities, including the National Credit Union Administration, to enforce applicable law.
That single mention is not proof of new credit union rules. If real changes exist, they would need to be read against the prior version before anyone calls them new or expanded.
For a regular crypto holder, the practical takeaway is simple. Nothing here changes the rules today, and the reported update remains unverified. Industry figures continue to push for passage, as covered in our report on Coinbase CEO Brian Armstrong urging the CLARITY Act toward the finish line. Until the actual text is published and confirmed, treat the specifics as unconfirmed.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
