Galaxy lowers CLARITY Act odds to 10%
60-second summary
Galaxy lowers CLARITY Act odds to 10% citing unresolved ethics, stablecoin yield, and developer protection issues, along with a narrow Senate window when lawmakers return in September. This reduced likelihood of passage may impact the broader crypto regulatory landscape, potentially delaying or altering future legislation, and affecting investor sentiment and market stability.
Galaxy cited unresolved ethics, stablecoin yield and developer protection issues, along with a narrow Senate window when lawmakers return in September.