US lawmakers are making progress on comprehensive crypto legislation as regulators clarify their roles in overseeing digital assets. Discussions involving Senator Cynthia Lummis and White House officials suggest that a market structure bill—known as the CLARITY Act—is nearing consensus, with negotiators reportedly “99% of the way” toward resolving key issues like stablecoin yield.

The legislation, which passed the House in 2025, could grant expanded authority to the Commodity Futures Trading Commission, complementing the evolving stance of the US Securities and Exchange Commission. While progress in the Senate has been slow, recent meetings signal growing momentum toward a unified regulatory framework for the crypto industry.