Galaxy has reduced its estimated probability of the CLARITY Act passing in 2026 to 50%, citing limited Senate floor time ahead of the August recess. This adjustment reflects growing uncertainty about the legislative timeline, according to CoinTelegraph.
The CLARITY Act, which aims to provide clearer regulatory guidelines for the crypto industry, now faces increased challenges due to the shrinking window for debate and approval in the U.S. Senate. The August recess limits lawmakers’ availability to advance the bill before the end of the year.
For Japanese investors and market participants, this development underscores the ongoing regulatory uncertainty in the U.S. crypto sector, a key factor influencing global crypto market sentiment and cross-border capital flows.