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Galaxy Digital Research Director: If CLARITY does not make progress by April, the likelihood of approval in 2026 is extremely low
Svmuu News: Alex Thorn, Head of Research at Galaxy Digital, stated that if the U.S. crypto market framework bill, the CLARITY Act, fails to pass committee review by the end of April, the likelihood of its passage in 2026 will be “extremely low.” He noted that the bill needs to enter the full Senate review stage by early May; otherwise, as the legislative timeline shrinks, the probability of passage will continue to decline. The report pointed out that the current controversy surrounding stablecoin yields is considered the main obstacle, but issues such as DeFi regulation, developer protection, and the division of regulatory authority may also become focal points in subsequent discussions. (Cointelegraph)
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