⚠️ One of Crypto’s Biggest Catalysts Still Has No Clear Progress Galaxy Research has once again LOWERED the probability of the CLARITY Act passing in 2026 to 50%, down from 60% earlier this month, citing an increasingly crowded legislative calendar in the U.S. Senate.

🏛️ The bill already passed the Senate Banking Committee back in May and has technically been on the Senate agenda since early June — but little meaningful progress has followed
.📅 According to Galaxy, the NEXT TWO WEEKS are now critical if the CLARITY Act still wants a realistic chance of becoming law this year.
Three major developments are needed quickly:
• A public agreement between the Senate Banking Committee and Agriculture Committee on a unified bill draft.
• Revisions to the ethics provisions inside the bill to attract additional Democratic support.
• Senate leadership officially scheduling debate and a full floor vote timeline.
⚠️ If none of these signals emerge soon, the legislative process could easily slip into September, where midterm election pressures may severely reduce the chances of the bill reaching President Trump’s desk before year-end.
🏦 Despite pressure from the White House to accelerate crypto regulation, the Senate is currently prioritizing multiple competing high-impact bills, and the lack of a concrete voting schedule is becoming the biggest obstacle facing the CLARITY Act.
🪙 For crypto markets, the bill is widely viewed as one of the most important potential catalysts for:
• regulatory clarity
• institutional adoption
• and long-term U.S. crypto market expansion.
‍#news $BTC $GT $ETH