The US Clarity Act — the sweeping digital asset market structure bill — has cleared committee with bipartisan support and is now headed to a full Senate vote, with Galaxy Digital's Alex Thorne raising passage odds to 75%, up from a coin flip just three weeks ago. Thorne told Bloomberg there are roughly nine workable weeks of congressional floor time left before the August recess, calling that window the only realistic path to getting the bill to the president's desk this year.
Analysts are drawing direct comparisons to the Securities Act of 1933, which provided the regulatory clarity that underpinned nearly a century of US capital market dominance. The parallel pair of the GENIUS Act and the Clarity Act is being framed as the 1933 and 1934 acts reborn for the blockchain era — and Wall Street isn't waiting. The SEC is reportedly developing a framework to permit tokenized stocks, with…
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