Galaxy Research Director Estimates CLARITY Act Timeline, Could Be Sent to Trump for Signing into Law as Early as August

Odaily Planet Daily News: Galaxy Research Director Alex Thorn posted on X platform, stating that the U.S. Senate Banking Committee voted 15-9 to pass the CLARITY Act, advancing it to a full Senate vote. The subsequent timeline may be:

June 1st: Begin coordinating the bill versions between the Senate Banking Committee and the Agriculture Committee;

June 15th: Full Senate debate begins;

June 22nd: The Senate may complete the final vote;

July 13th: Coordination between the Senate and the House of Representatives completed;

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

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