Crypto’s last shot? This risks sinking the Clarity Act before midterms, warns Galaxy analyst
Senator Tim Scott has been instrumental in making cryptocurrency legislation a priority as chair of the Senate Banking Committee.
Part of a bigger event
Senate Push Might Delay CLARITY Act as Stablecoin Yield Debate Intensifies7 articles·6 sources·Avg cred 37/100
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tl;dr
Galaxy Digital's head of research warns that the 'Clarity Act' crypto framework faces a 50-50 chance of failure if not passed by mid-May, as election-year priorities and Senate gridlock threaten to derail the bipartisan bill.
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TSTim ScottR-South Carolina
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