Clarity Act - The Rules are Changing. Is your Practice Ready? | Abra

This regulatory briefing breaks down the CLARITY Act's five most consequential provisions for wealth managers and RIAs — and what each one means for how you serve clients in digital assets.

• Regulatory jurisdiction clarity — the SEC/CFTC divide, resolved
• Qualified digital asset custody standards
• Registration framework for exchanges, brokers & dealers
• DeFi carve-out & developer protections
• Illicit finance controls & sanctions compliance

The Digital Asset Market CLARITY Act is no longer just a future event on a legislative calendar. In July 2025, it passed the House of Representatives, and on May 14, 2026, the Senate Banking Committee advanced it with a 15–9 vote.

For registered investment advisors and wealth managers, the timing is both a challenge and an extraordinary opportunity. Clients are asking questions many practices don't yet have answers to, and the regulatory environment — long defined by ambiguity and jurisdictional turf wars between the SEC and CFTC — is finally beginning to clarify.

This report breaks down five of the CLARITY Act's most consequential provisions, what each one means for your clients, and Abra's perspective on where digital asset wealth management platforms fit into this emerging landscape.

Download the full briefing below for the complete provision-by-provision analysis, the client conversation points advisors should be having right now, and what happens if the bill doesn't pass this session.