Galaxy: The CLARITY Act has only a 10% chance of passing this year.
Analysts have lowered the likelihood of the CLARITY Act passing by the end of 2026 to 10%. The law continues to face challenges due to political disagreements in the US Senate.
Macroeconomics and regulation
The US national debt will soon break the record of the Second World War.
The Congressional Budget Office projects that the US national debt will exceed its World War II-era record by 2030. Social Security and Medicare are the main drivers...
US inflation slowed to 3,4%, Bitcoin responded with increased volatility.
The release of US inflation data for July met economists' expectations. Against this backdrop, the price of Bitcoin rose sharply to $64,400, before falling back to...
Kazakhstan authorities have introduced a three-year tax holiday for crypto investors.
Kazakhstan signed a decree exempting individual crypto investors from income tax for three years. The new rule is an attempt to withdraw assets held...
The Central Bank of Russia has allowed unqualified investors to purchase only Bitcoin, ETH, and USDT.
Starting September 1, 2026, ordinary cryptocurrency investors will be able to purchase only three digital assets. Investments in Bitcoin, Ethereum, and the USDT stablecoin are capped at 300,000...
The US Senate has postponed a vote on the CLARITY Act until September.
The US Senate will vote on the Clarity Act after the August recess. Lawmakers are focused on securing the 60 votes needed to advance the bill. The US Senate is postponing the vote...
The US Federal Reserve kept interest rates unchanged
At its July 29 meeting, the US Federal Reserve left interest rates unchanged. Following the decision, stock and cryptocurrency markets showed slight gains. On July 29...
What tax breaks are governments offering to cryptocurrency miners?
Cryptocurrency mining has become a stable source of revenue for national budgets. It's no coincidence that governments are offering tax breaks to operators of this business. More and more governments...
The vote on the CLARITY bill will be postponed due to the US Senate recess.
Due to the Senate's tight schedule, a vote on the CLARITY Act is unlikely to take place before the August recess. Lawmakers won't have enough time to comply with all procedures...
Galaxy Digital: Chances of CLARITY Act Passage in 2026 Drop to 30%
According to Galaxy Digital, the likelihood of the CLARITY Act passing in 2026 has dropped to 30%. The US Senate has four working days left to consider the bill.