Odds Drop for Clarity Act Passing by 2026
Galaxy Research cuts the chance of the Clarity Act becoming law as Senate hurdles remain high.
coinbeat.newsCrypto policy faces a new obstacle today. Galaxy Research analysts updated their outlook on the Clarity Act, dropping the odds of the bill passing by 2026 from 50 percent down to 30 percent.
The primary issue remains the legislative process in the United States Senate. Even with interest from both political parties, the requirement for 60 votes to clear the cloture process stands as a major barrier. Without enough momentum to overcome this threshold, the bill faces an uphill battle to reach a final vote.
This shift in sentiment serves as a reminder that crypto legislation takes time. Traders should watch for any new bipartisan efforts or changes in Senate leadership that might shift these odds again in the coming months.
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