Galaxy Cuts CLARITY Act Passage Odds to 60% as Senate Window Narrows

Galaxy Digital has reduced its estimated chances that the CLARITY Act will pass to 60%, pointing to limited time left on the Senate calendar. The firm said the process of fixing up and passing the crypto bill is becoming harder as lawmakers move closer to the November elections.

The development matters because the CLARITY Act is positioned as a key crypto bill, and its progress could shape expectations around how digital asset markets are handled in the United States. For companies and market participants, a shrinking legislative window adds uncertainty around when clearer rules may arrive.

According to the source material, Galaxy’s view is based on timing rather than a completed rejection of the bill. The Senate still faces the practical challenge of making changes to the legislation and moving it through the chamber before political attention is increasingly absorbed by the election cycle.

The lowered odds suggest that even bills with industry attention can face pressure from congressional scheduling and competing priorities. In this case, Galaxy’s assessment highlights that the remaining path for the CLARITY Act depends not only on policy support, but also on whether lawmakers have enough time to finish the work.

For crypto readers, the key takeaway is that the bill remains possible but less certain, based on Galaxy Digital’s updated estimate. The firm’s 60% figure reflects a narrowing window for action rather than a definitive outcome.