Tag: loom
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Senate Calendar Pressures Loom as Galaxy Research Lowers CLARITY Act Passage Odds to 50 Percent
The legislative path for the Creating Legal Accountability, Responsibility, and Innovation in Tomorrow’s Yearly (CLARITY) Act has hit a significant bottleneck, prompting Galaxy Research to revise its forecast for the bill’s success. In a recent research note, Galaxy Research downgraded the probability of the CLARITY Act becoming law by 2026 to 50%, a notable decline…
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Galaxy Research Lowers CLARITY Act Passage Odds to 50 Percent as Senate Calendar Constraints Loom
Galaxy Research has officially lowered its probability estimate for the CLARITY Act becoming law by 2026 to 50%, a notable decrease from the 60% projection maintained earlier this month. This adjustment reflects an increasingly congested Senate legislative calendar and a narrowing window of opportunity for lawmakers to navigate the complex procedural requirements necessary to advance…
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Global Crypto Regulations Loom as FATF Prepares Strict New Compliance Standards for Virtual Asset Service Providers
The global cryptocurrency landscape is approaching a pivotal regulatory juncture as the Financial Action Task Force (FATF), the international standard-setter for combating money laundering and terrorism financing, prepares to release a comprehensive set of guidelines that could fundamentally alter how digital assets are traded and managed. Scheduled for publication on June 21, this new interpretive…
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