Galaxy Lowers CLARITY Act Passage Odds to 10%
Galaxy Digital has reduced the probability of the CLARITY Act passing to 10%, citing unresolved policy disputes and a compressed legislative window.
Galaxy Digital has lowered its estimated probability of the CLARITY Act passing to 10%, pointing to several major legislative hurdles as lawmakers prepare to return to Washington.
The firm cited unresolved issues surrounding ethics, stablecoin yield provisions, and developer protections as key roadblocks preventing a consensus. Additionally, Galaxy highlighted the narrow legislative window remaining in the Senate when lawmakers return in September, which leaves limited time to negotiate and advance complex digital asset legislation before the end of the session.
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