Galaxy Digital Drops Odds of CLARITY Act Passing to 60%
27 Articles
27 Articles
Could the CLARITY Act Make the U.S. the Center of Crypto Again?
The United States is the place that has hosted some of the largest companies, investors, developers and legal disputes in the crypto space for years. Also it is one of the most challenging markets to deal with. Projects have been uncertain whether or not to classify tokens as securities, commodities, or payment tools, or as something different. For instance, that uncertainty has driven some founders out of the country, has caused some instituti…
The main legislative commitment to give regulatory clarity to the crypted market in the United States has just lost strength. Galaxy Digital reduced from 75% to 60% the probability that CLARITY Act will become law in 2026, while the Senate faces an increasingly tighter schedule and the industry increases pressure. *** Galaxy Digital cut its estimate of approval of the CLARITY Act from 75% to 60% in 2026. The firm warned that the Senate must move…
Key Points of the News: Massive Business Coalition: A network of more than 200 digital firms and business groups signed a joint letter sent to the leaders of the Upper House. Corporate weight support: Global companies such as Coinbase, Ripple, Kraken, Circle and Binance US are among the main signatories of the document. Progress in legislative committees: The initiative was ratified last month by the Senate Banks Committee by a bipartisan vote o…
Ripple and Coinbase press Senate as CLARITY Act faces delays
The crypto industry has intensified its push for the CLARITY Act after more than 200 companies and organizations signed a letter urging Senate leaders to schedule a floor vote, while analysts warn the bill is running short on time. According…
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