CLARITY Act Passage Odds Rise, Galaxy Says
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The CLARITY Act, a comprehensive crypto market structure bill, has advanced from the Senate Banking Committee with bipartisan support, increasing its likelihood of becoming law. Galaxy Digital's research arm now estimates a higher probability of enactment in 2026, noting that if Congress maintains its current pace, the bill could be signed by President Donald Trump as early as the first week of August. This development signals a potential regulatory milestone for the crypto industry.
Market participants are closely watching the legislative progress, as a clear regulatory framework could reduce uncertainty and foster institutional adoption. However, the timeline remains subject to congressional scheduling and potential amendments. The bipartisan vote underscores growing political consensus around crypto regulation, which may positively impact market sentiment in the near term.
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