Galaxy Research has cut its estimate for the CLARITY Act becoming law in 2026 from 50% to 30%, citing the Senate’s 60-vote threshold.
Why it matters
The lower estimate signals a tougher path for the crypto legislation in the Senate. The 60-vote requirement is now the central obstacle identified by Galaxy Research.
Market impact
The shift extends regulatory uncertainty around the timing of US crypto legislation. For crypto markets, a lower probability of passage in 2026 reduces confidence that the CLARITY Act will deliver near-term legislative clarity.
Frequently asked questions
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What odds does Galaxy Research assign to the CLARITY Act passing in 2026?
Galaxy Research assigns a 30% chance to the CLARITY Act becoming law in 2026, down from 50%.
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Why did Galaxy Research lower its estimate?
Galaxy Research cited the Senate’s 60-vote threshold as the key obstacle to passage.
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What does the CLARITY Act concern?
The CLARITY Act is crypto legislation discussed in the context of US regulatory clarity.
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How does the estimate change affect regulatory expectations?
The lower estimate increases uncertainty around the timing of US crypto legislation and reduces expectations for near-term clarity.
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What is the market significance of the Senate threshold?
The 60-vote requirement represents a significant legislative hurdle and is the central obstacle identified by Galaxy Research.
CoinTelegraph