Galaxy cuts CLARITY Act odds to 50% as Senate floor time narrows
Summary
Galaxy Digital cut its odds of the CLARITY Act becoming law in 2026 to 50%, mainly בגלל timing risks in the Senate. The bill lacks a unified Senate Banking-Agriculture draft and has no firm floor schedule, while the chamber faces a shrinking window before its Aug. 8 recess. A broader fight over the SAVE Act and other priorities such as FISA reauthorization and the NDAA is crowding the agenda. Galaxy said the downgrade reflects legislative timing, not the bill’s substance. The CLARITY Act is set for a House hearing on July 17 and would create the first U.S. crypto market structure framework, but it faces criticism over stablecoin yield rules and oversight gaps.
