U.S. senators are accelerating discussions on the CLARITY Act to create a regulatory framework for digital assets amidst an ongoing government shutdown. As the shutdown continues, lawmakers are prioritizing the legislation to ensure a structured approach to cryptocurrency regulation. The CLARITY Act aims to clarify the jurisdiction over digital assets, providing guidance for both industry participants and regulators. This expedited effort reflects a growing recognition of the need for clear rules in the evolving crypto market. Senate discussions are part of a broader attempt to address regulatory gaps in the digital asset space, which has become increasingly significant during the shutdown.
