The CLARITY Act has gained momentum in Congress, passing through key committees with bipartisan support. This legislation aims to establish a clear regulatory framework for digital assets, defining roles for the SEC and CFTC, and ensuring consumer protections. Additionally, the STABLE Act, which focuses on payment stablecoins, is advancing alongside the CLARITY Act to create a comprehensive digital asset regulatory environment. Lawmakers emphasize the urgency of enacting these measures to maintain U.S. leadership in blockchain innovation.