US CLARITY Act 2026 Odds 'Extremely Low' If Not Passed Before April: Exec
A crypto executive stated the CLARITY Act's 2026 passage odds become very low if it isn't approved by the committee before the end of April.Summary
Alex Thorn, head of firmwide research at Galaxy Digital, warned that the US CLARITY Act, intended to regulate the crypto industry, faces extremely low odds of passing in 2026 if it is not passed by the committee before the end of April. Thorn emphasized that the bill needs to reach the Senate floor by early May as floor time is scarce. This timeline is complicated by Senate Majority Leader John Thune prioritizing the SAVE America Act over digital asset legislation before April. While the debate over stablecoin rewards disrupting traditional banking is seen as a major hurdle, Thorn cautioned that issues concerning DeFi, developer protections, and regulatory authority could also surface as obstacles. US Senator Angela Alsobrooks noted that compromises will be necessary for all parties involved. Earlier optimism for an April timeline, expressed by Senator Bernie Moreno, contrasts with a January warning from TD Cowen that the legislation might not pass until 2027 and take effect in 2029 if Democrats stall the vote past the midterms.
(Source：Cointelegraph)