#CryptoClarityAct is a proposed U.S. legislative effort aimed at clearly defining digital assets and distinguishing between cryptocurrencies as securities or commodities. Spearheaded by pro-crypto lawmakers, the act seeks to reduce regulatory confusion by assigning oversight responsibilities: the SEC handles securities, while the CFTC oversees commodities. The bill emphasizes consumer protection, innovation, and a transparent framework for token classification. It also introduces registration pathways for crypto firms and promotes regulatory certainty. If passed, the act could boost industry confidence, encourage institutional adoption, and potentially make the U.S. a global leader in crypto regulation through consistent, innovation-friendly legal standards.