The U.S. CLARITY Act, a significant crypto market structure bill, is gaining momentum in the Senate, with lawmakers optimistic about advancing it out of committee by November. Senate Agriculture Committee Chair John Boozman aims to finalize the committee's portion before Thanksgiving, while Banking Committee Chair Tim Scott's team confirms resumed negotiations. The bill's passage odds on Polymarket have risen from 15% to 35% amid these developments. Despite progress, potential challenges remain due to the upcoming midterm elections, which could impact bipartisan cooperation.