PANews, March 15: Alex Thorn, Research Director at Galaxy Research, published an analysis stating that if the CLARITY Bill fails to pass committee review by the end of April, its chances of being enacted in 2026 will become extremely slim. The bill must enter the full Senate voting schedule by early May. Currently, the primary obstacle to the CLARITY Bill is widely regarded as the controversy surrounding stablecoin rewards. However, even if a compromise is reached on the rewards issue, other significant barriers are likely to remain—such as those related to DeFi, developer protections, the authority of the U.S. Securities and Exchange Commission (SEC), and even “ethical” concerns.
Galaxy Research Head: CLARITY Bill Faces Low Chances of Passage in 2026 Without April Committee Approval
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Summary
Galaxy Research Head: The CLARITY Bill Faces Low Odds of Passage in 2026 Without April Committee Approval. On-chain news indicates the bill must pass through the Senate committee by late April to remain on schedule for a 2026 vote. Stablecoin rewards remain a major obstacle, with concerns over DeFi exploits and regulatory conflicts also posing risks. Even a compromise on rewards may not overcome other barriers, such as SEC authority and developer protections.
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