Galaxy Digital Drops Odds of CLARITY Act Passing to 60%

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From the article. Thorn said another reason Galaxy lowered its odds is that no information shows that the bill, or negotiations around it, have advanced, and provisions around ethics and illicit finance are a sticking point that have not yet been resolved. He added that Galaxy would revise its odds if Senate leaders committed to passing the bill next month and that provisions to get lawmakers on side are finalized. Galaxy’s latest odds came after analysts at JPMorgan on Wednesday said they see less than a 50% chance that the CLARITY Act passes this year, similarly citing a tightening congressional calendar ahead of the elections.   submitted by   /u/zesushv [link]   [comments]