An updated version of the CLARITY Act has reportedly been released with new decentralized finance (DeFi) requirements and changes affecting credit unions. However, the report remains unconfirmed: the revised document, its release date, and its specific provisions have not been independently verified.

The claim comes from a single unconfirmed report. No bill version number, sponsor, or committee associated with the alleged revision has been confirmed. A revised draft would not itself mean that the legislation had passed or been enacted, and no verified source indicates that the reported text has advanced to a vote.

The only official legislative document identified for context is H.R. 3633, the Digital Asset Market Clarity Act of 2025, published in engrossed form by the U.S. Government Publishing Office: House-passed CLARITY Act baseline. That document is a baseline and does not verify the existence or contents of the reported new draft.

The broader legislative process remains active. Treasury Secretary Scott Bessent urged lawmakers to continue moving the CLARITY process forward, while the bill cleared the Senate Banking Committee in May, according to Cointelegraph’s September 10, 2026 report: Cointelegraph report. That report does not confirm the specific revised text. Related coverage has also examined an alleged Senate breakthrough (a16z says a Senate breakthrough could be a watershed moment for crypto) and the next Senate step (CLARITY Act Senate step).

For readers tracking the claim, the most relevant confirmation would be publication of an identifiable draft through an official congressional or government source, together with a version number and legislative record. Until those details are available, the House-passed text can provide comparison points but cannot establish what, if anything, changed in the alleged revision.

Reported DeFi Requirements Remain Unspecified

Decentralized finance, or DeFi, refers to financial services such as lending and trading that operate on blockchains without a traditional intermediary. The reported update supposedly introduces new DeFi requirements, but no verified provision language explains what those obligations would be or which activities and parties they would cover.

Because the revised text has not been located, it is not possible to identify any affected activities, covered entities, or exceptions. Any detailed list of new obligations would be speculative.

The House-passed baseline provides context but not evidence of the reported changes. Section 109 would prevent a non-controlling blockchain developer or service provider from being treated as a money transmitter solely for publishing software, offering self-custody tools, or providing infrastructure. It would preserve treatment based on other conduct.

Section 110 would add digital commodity brokers, dealers, and certain registered exchanges that provide direct customer access to a cited provision of the Bank Secrecy Act. These are provisions in the existing House language, not confirmed elements of the reported revision. Lawmakers remain divided over the treatment of DeFi, as reflected in Senator Elizabeth Warren’s opposition to the CLARITY Act (related coverage).

Credit Union Provisions Have Not Been Verified

The report also refers to changes involving credit unions but provides no details. No verified text establishes changes 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 conducted for others. It also preserves existing authorities, including the National Credit Union Administration, to enforce applicable law.

That reference does not demonstrate that the reported revision contains new credit union rules. If such provisions exist, they would need to be compared with the prior version before they could be described as new or expanded.

For crypto holders, the current information does not change the rules in force. The reported CLARITY Act update remains unverified until the underlying text is published and independently confirmed. Industry figures continue to advocate for passage, including Coinbase CEO Brian Armstrong, whose position is discussed in related coverage. Other related reporting has covered proposed SEC transfer-agent rule changes for tokenized securities (SEC proposal coverage).

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Readers should conduct their own research before making decisions.