CLARITY Act Needs Bipartisan Support in Senate Banking Committee: Analyst
The CLARITY Act's passage hinges on securing bipartisan support in the Senate Banking Committee next week, according to analyst Alex Thorn.Summary
Alex Thorn, head of research at Galaxy, stated that the passage of the Digital Asset Market Clarity Act of 2025 (CLARITY Act) depends heavily on bipartisan support within the U.S. Senate Banking Committee during an upcoming vote. Thorn indicated that if Republicans can secure four Democratic votes on the committee, it is likely that all 17 Democrats who supported the GENIUS Act will also back the market structure bill. He warned that if the bill does not show strong bipartisan backing in this initial committee vote, its chances of passing in 2026 drop dramatically, as a failure to advance by January 15 makes a second vote in 2026 highly uncertain due to the midterm elections. While a failure to pass might have a relatively minimal long-term impact on the industry, short-term investor sentiment would likely suffer. Passing the framework is seen as crucial for fostering institutional crypto adoption by clarifying regulations.
(Source：Cointelegraph)