BlockBeats news: On March 15, Alex Thorn, Head of Research at Galaxy Research, stated that if the U.S. cryptocurrency regulatory bill, the CLARITY Act, fails to clear the Senate committee by the end of April, its chances of passing in 2026 will significantly decline, as the bill must enter the full Senate agenda for a vote by early May. The current dispute over stablecoin rewards is considered the main obstacle, but Thorn noted that even if this issue is resolved through compromise, other controversies—including DeFi, developer protections, SEC authority, and ethics—could still arise.
Galaxy Research Head Warns CLARITY Act Faces Dim Prospects If Not Passed by April
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Summary
On March 15, Alex Thorn of Galaxy Research told On-Chain News that the likelihood of the U.S. CLARITY Act passing in 2026 decreases if it fails to advance from the Senate Committee by April. The bill must reach the full Senate by early May. Thorn noted that stablecoin rewards remain a major obstacle, with DeFi, developer protections, SEC developments, and ethics issues also likely to delay progress.
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