Galaxy Digital Cuts 2026 CLARITY Act Odds to 50%

Galaxy Digital has cut its odds of the CLARITY Act becoming law in 2026 to 50%, citing the lack of a unified Senate Banking-Agriculture text, no firm floor schedule and a narrowing legislative window before the August recess, wrote Alex Thorn, head of firmwide research.

Thorn said the downgrade was about timing, not substance, and noted that congressional competition for floor time intensified after US President Donald Trump abruptly canceled the signing of the bipartisan housing bill and said he would not sign it until Congress passed the SAVE Act, which would introduce a proof-of-citizenship elections bill.

He added that the debate over the SAVE Act injects another contentious, leadership-consuming fight into an already crowded queue. The CLARITY Act, set for a House hearing on July 17, aims to establish the first regulatory framework for digital assets in the US.

United States

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