Yield / Product Classification & Consumer Fairness.
Classifies yield and reward structures and attests consumer-fairness controls — the single provision holding up the Senate floor vote, and therefore the highest-value module to ship first.
Legislative status · verified 26 July 2026
H.R.3633 (Digital Asset Market Clarity Act) passed the House 294–134 on 17 July 2025 and sits on the Senate Legislative Calendar (General Orders, Calendar No. 423) after the Banking Committee reported a substitute on 1 June 2026. Updated merged Banking/Agriculture text was released on 22 July 2026. Senate leadership expects the pre-recess floor window to be missed, and the draft still requires 60 votes. Cabier plans on the operative regimes — state trust charters and money-transmitter licensing, OCC, FRB and FDIC prudential guidance, and EU MiCA Titles III and IV for cross-border cohorts — binding through at least 2027. Legislation is the label on the control, not the control.
Source: congress.gov, H.R.3633 (119th Congress) — legislative actions and Senate Legislative Calendar, General Orders No. 423.
What governs tokenised dollars nowSub-controls (six)
- FR-09-01
Yield / reward classification engine
Evidence-graded determination distinguishing deposit interest from an investment-contract / security from a promotional reward, on an investment-contract (Howey-style) analysis workflow. Returns a determination with rationale category — without exposing scoring weights.
grade: ▒▒ · evidence: ▒▒ · trust gate: ▒▒
- FR-09-02
Reserve, capital & liquidity attestation
Reserve composition, segregation, high-quality-liquid-asset adequacy, and at-par redemption capacity supporting any yield.
grade: ▒▒ · evidence: ▒▒ · trust gate: ▒▒
- FR-09-03
Disclosure adequacy
Consumer-facing terms, risk disclosures, and reward-mechanics disclosure (Regulation DD / Truth-in-Savings analogues).
grade: ▒▒ · evidence: ▒▒ · trust gate: ▒▒
- FR-09-04Cross-link 05
Redemption guarantee & at-par convertibility
Redemption-guarantee attestation; cross-linked to Obligation 05 (Recovery & wind-down).
grade: ▒▒ · evidence: ▒▒ · trust gate: ▒▒
- FR-09-05
Complaint-handling & consumer-fairness regime
Complaint intake, resolution, and fairness controls.
grade: ▒▒ · evidence: ▒▒ · trust gate: ▒▒
- FR-09-06Protocol standard
Yield-Guardrail Standard conformance
Conformance to the published Cabier Protocol yield-guardrail / substantial-similarity standard. Resolves against a versioned standard (CDS / CEF / COM / CTRE extension).
grade: ▒▒ · evidence: ▒▒ · trust gate: ▒▒
Named outputs
- · Product-Classification Determination
- · Yield-Guardrail Attestation
- · Consumer-Fairness Grade
Regulatory anchors
- · GENIUS Act — reserves / yield [verify]
- · CLARITY Act — yield provisions and Section 404 [verify]
- · Securities-law investment-contract analysis [verify]
- · Regulation DD / Truth-in-Savings analogues [verify]
- · FDIC tokenised-deposit rule [verify]
Acceptance
Classification engine returns a determination with linked evidence and rationale category (without exposing scoring weights). Conformance check resolves against a versioned Protocol standard. No methodology exposed on any surface.