U.S. Senate Majority Leader John Thune has taken a key step toward advancing the Clarity Act, a major cryptocurrency regulation bill that could establish the first comprehensive federal framework for the U.S. crypto industry. The move could clear the way for a full Senate vote on the crypto market structure legislation. The White House has made cryptocurrency reform a priority during Trump's second administration and has pushed for the Clarity Act. However, Democrats continue to seek stronger restrictions covering crypto ventures involving government officials. Negotiations over conflict-of-interest provisions remain fluid, leaving Democratic support as a key factor in whether the Clarity Act can secure enough Senate votes and move closer to becoming law.