Galaxy Digital slashes the CLARITY Act's 2026 passage odds from 75% to 10%.
The Senate has just 14 days post-September 14 to pass it. This low probability signals the SEC and CFTC are ready to issue their own rules. The SEC already canceled an open meeting on "clear rules" due to White House pressure.
Our read: The US is still years from unified crypto regulation. Expect continued regulatory arbitrage and a fragmented market. This makes institutional entry harder, and loophole exploitation easier for smaller projects.
Would you trust a US-based crypto project today?
$BTC
The Senate has just 14 days post-September 14 to pass it. This low probability signals the SEC and CFTC are ready to issue their own rules. The SEC already canceled an open meeting on "clear rules" due to White House pressure.
Our read: The US is still years from unified crypto regulation. Expect continued regulatory arbitrage and a fragmented market. This makes institutional entry harder, and loophole exploitation easier for smaller projects.
Would you trust a US-based crypto project today?
$BTC