Galaxy Research Director Estimates CLARITY Act Timeline, Could Be Signed into Law by Trump as Early as August

Odaily Planet Daily News Alex Thorn, Head of Research at Galaxy, posted on X platform that the U.S. Senate Banking Committee passed the CLARITY Act with a 15-9 vote, advancing the bill to a full Senate vote. The subsequent timeline could be as follows:

June 1: Begin reconciling the versions of the bill between the Senate Banking Committee and the Agriculture Committee;

June 15: Full Senate debate begins;

June 22: The Senate may complete its final vote;

July 13: Reconciliation between the Senate and the House of Representatives is completed;

Early August: President Trump signs it into law (if proceeds as planned).

Alex Thorn's analysis suggests that Democrats are primarily focused on "ethics clauses" aimed at restricting senior officials and their family members from holding and profiting from digital assets, while DeFi regulation and the Blockchain Regulatory Certainty Act (BRCA) are still under negotiation. The CLARITY Act will lay the foundation for innovation and investor protection in the U.S. digital asset market.