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08/16/2026

Galaxy Digital Slashes CLARITY Act Passage Odds to 10%

What happened: Galaxy Digital's head of research, Alex Thorn, cut the probability of the US Digital Asset Market CLARITY Act passing in 2026 to just 10%, down from 30% in July.

Galaxy Digital Slashes CLARITY Act Passage Odds to 10%

What happened: Galaxy Digital's head of research, Alex Thorn, cut the probability of the US Digital Asset Market CLARITY Act passing in 2026 to just 10%, down from 30% in July. The reduction was attributed to unresolved ethics rules, banking sector pushback on stablecoin yields, and a shrinking Senate window, with the next legislative session opening September 14.

Why it matters: The CLARITY Act, once seen as crypto's best hope for regulatory certainty in the US, now faces steep odds. Failure to pass this year could empower more skeptical lawmakers to reshape the bill, potentially leading to stricter oversight and less favorable terms for the industry.

Source: Cointelegraph; Coindoo