Sen. Lummis calls CLARITY Act starting point for crypto regulation

Lawmakers in the US Senate are on state work periods until July 13, giving them only four weeks to address a cryptocurrency market structure bill before another break and possible delays due to campaigning for elections.

Galaxy lowered its Clarity Act passage odds to 50%, citing Senate calendar constraints and stalled negotiations rather than problems with the bill's substance.

The digital asset firm cut its odds of the market structure bill passing this year to a coin toss, pointing to a shrinking Senate calendar.

The CLARITY Act's uncertain passage highlights the ongoing regulatory ambiguity in the crypto market, affecting investor confidence and industry growth. The post Galaxy Research cuts CLARITY Act passing odds to 50% amid Senate calendar constraints appeared first on Crypto Briefing.

Michael Saylor looked back on Strategy’s 2022 bitcoin crisis as proof the company could survive extreme stress, while more than 1,200 tech firms pushed the Senate to pass the CLARITY Act. XRP then showed signs of changing exchange behavior as withdrawals outpaced deposits, Satoshi’s famous lost-coin quote resurfaced amid renewed scarcity debate, and Elon Musk’s […]

The CLARITY Act's uncertain future may prolong regulatory ambiguity in the crypto market, impacting investor confidence and market stability. The post Galaxy Research cuts CLARITY Act passing odds to 50% amid Senate calendar constraints appeared first on Crypto Briefing.

Galaxy Research lowered CLARITY Act passage odds to 50% amid Senate scheduling delays. Unresolved ethics provisions and bill text continue delaying the Senate floor vote process. Early July action could improve prospects before the August congressional recess begins. Galaxy Research has reduced its forecast for the CLARITY Act becoming law in 2026 from 60% to […] The post Why Galaxy Research Now Sees Just 50% Odds for the CLARITY Act appeared first on Live Bitcoin News.

Everyone is watching the CLARITY Act for what it does to crypto market structure. Buried inside it is a provision with a different target entirely: a ban on a US central bank digital currency. It is literally one of the…