; Rulemaking; Notice of Intent to Register Sec. 101. Definitions under the Securities Act of 1933. Sec. 102. Definitions under the Securities Exchange Act of 1934. Sec. 103. Definitions under the Commodity Exchange Act. Sec. 104. Definitions under this Act. Sec. 105. Rulemakings. Sec. 106. Notice of intent to register for digital commodity exchanges, brokers, and dealers. Sec. 107. Notice of intent to register for digital asset brokers, dealers, and trading systems. Sec. 108. Commodity Exchange Act savings provisions. Sec. 109. Administrative requirements. Sec. 110. International harmonization. Sec. 111. Implementation. Sec. 112. Application of the Bank Secrecy Act. Title II—Clarity for Assets Offered as Part of an Investment Contract Sec. 201. Short title. Sec. 202. Treatment of investment contract assets. Title III—Offers and Sales of Digital Assets Sec. 301. Exempted transactions in digital assets. Sec. 302. Requirements for offers and sales of certain digital assets. Sec. 303. Enhanced disclosure requirements. Sec. 304. Certification of certain digital assets. Sec. 305. Effective date. Title IV—Registration for Digital Asset Intermediaries at the Securities and Exchange Commission Sec. 401. Treatment of digital commodities and other digital assets. Sec. 402. Authority over permitted payment stablecoins and restricted digital assets. Sec. 403. Registration of digital asset trading systems. Sec. 404. Requirements for digital asset trading systems. Sec. 405. Registration of digital asset brokers and digital asset dealers. Sec. 406. Requirements of digital asset brokers and digital asset dealers. Sec. 407. Rules related to conflicts of interest. Sec. 408. Treatment of certain digital assets in connection with federally regulated intermediaries. Sec. 409. Exclusion for decentralized finance activities. Sec. 410. Registration and requirements for notice-registered digital asset clearing agencies. Sec. 411. Treatment of custody activities by banking institutions. Sec. 412. Effective date