Galaxy cuts Clarity Act passage odds to 30%, says bill needs ‘last-ditch effort’

60-second summary

Galaxy cuts Clarity Act passage odds to 30%, citing a 'last-ditch effort' required for passage. Seven Democratic negotiators express concerns about the latest draft, emphasizing the need for stronger ethics and consumer protections. This development suggests a challenging road ahead for the bill, potentially hindering its progress and limiting its impact on the crypto regulatory landscape.