The U.S. Senate has resumed negotiations on the CLARITY Act, a pivotal cryptocurrency regulation bill, with renewed momentum. Senate Agriculture Committee Chairman John Boozman confirmed the development, highlighting the bill's procedural passage through committee as a significant step towards comprehensive digital asset oversight. The CLARITY Act aims to resolve jurisdictional conflicts between federal agencies like the SEC and CFTC, providing clearer regulatory boundaries and responsibilities. Despite the procedural victory, bipartisan challenges remain, particularly after the Democratic Party's withdrawal of support. The bill seeks to address consumer protection, market stability, and innovation considerations. As international competition in digital asset regulation intensifies, the CLARITY Act represents the U.S.'s most substantial effort to establish a competitive regulatory framework. Industry leaders express cautious optimism, noting that regulatory clarity could catalyze increased institutional investment and market maturation.