BroadChain News, April 26, 23:06, according to Bitcoinist, Galaxy Digital CEO Mike Novogratz predicted in a podcast that the CLARITY Act, aimed at establishing regulatory order for the US crypto market, will pass Congress in May and be sent to President Trump for signing in June. The bill would allow giants like SpaceX and Google to tokenize and sell globally, enabling approximately 5.5 billion people worldwide without access to US financial products to directly invest in the US economy through crypto wallets.
However, Galaxy Digital Head of Research Alex Thorn holds a different view, estimating only a 50% probability of the bill passing in 2026, and warning that if it does not enter the committee markup stage by mid-May, the probability will drop significantly. The Senate Banking Committee did not schedule a markup hearing last Friday as expected, partly due to a deadlock between traditional banks and crypto companies over stablecoin yield issues. Banks argue that if stablecoins pay returns, they could siphon away traditional deposits.