Digital Asset Legislative Tracker
A running record of real digital asset developments across the three tracks explained in Digital Asset Legislation Explained: federal market-structure legislation, IRS/tax guidance, and state property law. Each entry is dated and sourced. This page gets updated as developments happen, not rewritten from scratch.
Last updated 2026-08-04. Sources linked per entry.
Federal · Market Structure · In Progress
Digital Asset Market Clarity Act (CLARITY Act, H.R. 3633)
The House passed H.R. 3633 on July 17, 2025 (294-134), the closest thing yet to a comprehensive federal market-structure framework for digital assets, aimed at clarifying which assets fall under SEC vs. CFTC jurisdiction. On June 1, 2026, a revised Senate Banking Committee version was published and placed on the Senate Legislative Calendar under General Orders, making it formally eligible for a floor vote. The remaining process has four steps:
- Reconcile with the Senate Agriculture Committee's own version
- Clear a 60-vote Senate floor threshold
- Reconcile again with the House-passed text
- Get signed
Analysts were putting the odds at 50-60% for passage before the November 2026 midterms as of this writing.
This bill's scope is written around digital commodities and securities classification, primarily a cryptocurrency and token question. It does not directly regulate website or domain ownership, but its jurisdictional definitions are exactly the kind of language that can accidentally sweep in or exclude other digitally-native property depending on final drafting.
Federal · Introduced July 2026
Senate bill barring federal officials from issuing digital assets
Reported July 22, 2026: a Senate bill would prohibit federal officials from issuing digital assets. Narrow in scope and aimed squarely at government-issued tokens and potential conflicts of interest, not at private website or domain ownership. Included here because it is part of the same legislative moment and worth knowing about even though it does not change anything for website owners directly.
State · Property Law · In Effect
UCC Article 12 (Controllable Electronic Records), state-by-state
This is the track that actually touches website and domain ownership, not the crypto-focused federal bills. Article 12, part of the 2022 Uniform Commercial Code amendments, defines rules for how digital property can be pledged as collateral, transferred, and prioritized in a dispute, through the concept of a "controllable electronic record." At least 33 states have adopted it as of mid-2026. New York's version took effect June 3, 2026, with a transitional period running through June 2027 for existing transactions.
This is the practical one. If you have ever financed an acquisition or want to use a digital asset portfolio as loan collateral, Article 12 is the law that actually governs the mechanics in states that have adopted it.
New York enactment summary, Wolters Kluwer · State-by-state tracker, Paul Hastings
Federal · IRS · Phasing In
Form 1099-DA broker reporting
Brokers (a term that includes crypto exchanges, hosted wallets, and payment processors) must report gross proceeds on digital asset transactions from January 1, 2025 onward, and must additionally report cost basis on covered transactions from January 1, 2026 onward. The IRS is granting penalty relief for 2025-transaction filers who make a good-faith effort. Separately, and more relevant to real estate and digital-property transactions specifically: real estate professionals treated as brokers must report the fair market value of digital assets used in real estate closings dated on or after January 1, 2026.
Worth watching if digital asset payment ever becomes part of a website or domain acquisition closing, the reporting mechanics are being defined right now.
IRS digital assets guidance hub · Final broker reporting regulations, IRS
Nothing on this page is legal or tax advice. It is a dated record of public developments, kept current as new items appear. See Digital Asset Legislation Explained for the framework behind these three tracks.