Galaxy Slashes CLARITY Act Passage Odds to Just 10% Amid Senate Deadlock

Galaxy has significantly reduced its estimate of the CLARITY Act's chances of passing in 2026, from a possible passage to just 10%.

The assessment reflects growing uncertainty surrounding one of the most closely watched pieces of cryptocurrency legislation in Washington. Lawmakers have continued working toward a regulatory framework for digital assets, but disagreements over key provisions could make it difficult to complete the legislative process before the end of the year.

The CLARITY Act aims to provide greater clarity over how digital assets should be regulated in the United States. For years, cryptocurrency companies and investors have faced uncertainty over which federal agencies should oversee different digital assets and activities.