The chances of the CLARITY Act becoming law in 2026 have narrowed after Galaxy Digital reduced its approval odds to 50%, even as Senate Republicans continue pushing for a vote when lawmakers return from recess. According to journalist Eleanor Terrett,…
- Galaxy Digital has reduced its odds for the CLARITY Act passing in 2026 to 50% due to ongoing negotiations on key policy differences.
- Senator Tim Scott supports a July Senate vote, emphasizing the bill's potential to provide regulatory clarity and foster innovation in the US.
- Outstanding issues include ethics rules, AML measures, and market oversight, with the bill's timing potentially delayed by the Senate's legislative calendar.
Topics: Legal regulatory, Political endorsements opposition, Securities law classification, Legislative debates, Pro innovation policy
Tags: #clarityact #timscott #galaxydigital #cryptomarketstructure #senate #regulation #digitalassets #legislativenegotiations #amendments #bipartisansupport
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