U.S. Clarity Act's Chance of Passing Drops to 30% This Year, According to Galaxy Research

Probability of Enactment at 30%

Alex Thorn, the head of research at cryptocurrency firm Galaxy Digital, revealed in a research note dated the 24th that the probability of the Clarity Act being enacted by 2026 has been reduced to 30%. This marks a downward revision from the previously estimated 50-50 chance as of June.

The Clarity Act is a legislative proposal that defines the framework for the classification of cryptocurrencies as securities or commodities and the regulation of exchanges. It has been under review by both the Senate Agriculture Committee and the Senate Banking Committee...