The CLARITY Act could be signed into law in the week of Aug. 3 if Congress keeps pace after a bipartisan Senate Banking Committee vote moved the crypto market structure bill into its next phase, Galaxy Digital’s research arm said.

Galaxy Research raised its estimate of the bill’s chances of becoming law in 2026 to 75% after the committee voted 15-9 on May 14 to advance the legislation.

The vote gave the long-running digital asset bill its most significant Senate breakthrough so far, though the timeline remains narrow and several political disputes remain unresolved.$BTC

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