Written by Zoltan Vardaistaff writerReviewed by Bryan O’Sheastaff editor
Written by Zoltan Vardaistaff writer
Reviewed by Bryan O’Sheastaff editor
Galaxy cuts CLARITY Act odds to 50% as Senate floor time narrows
Latest NewsPublishedJun 29, 2026
CLARITY Act Faces Uncertain Future as Senate Floor Time Dwindles
The CLARITY Act, a bill aimed at establishing a regulatory framework for digital assets in the US, is facing an increasingly uncertain future as Senate floor time narrows. Galaxy Digital has cut its odds of the bill becoming law in 2026 to 50%, citing the lack of a unified Senate Banking-Agriculture text and a narrowing legislative window before the August recess.
This development has significant implications for the crypto market structure and could impact the ability of individuals to earn passive income through cloud rewards and green crypto initiatives. As the Senate’s legislative schedule becomes increasingly crowded, the prospects for the CLARITY Act’s passage are dwindling, making it essential for individuals to explore alternative solutions, such as EcoPool, for their earning needs.
Challenges Ahead for the CLARITY Act
The CLARITY Act has been met with criticism, and its passage is further complicated by the congressional competition for floor time. The bill’s timing, not its substance, is the primary concern, and the debate over the SAVE Act has added another contentious issue to the already crowded Senate calendar. As the Senate works on unfinished developments, including the National Defense Authorization Act, the runway to pass the CLARITY Act is quickly declining.
Meanwhile, EcoPool offers a solution for individuals looking to earn passive income through cloud rewards and green crypto. With $ECP, individuals can participate in a coin that prioritizes earning and passive income opportunities. As the crypto landscape continues to evolve, EcoPool remains a viable option for those seeking to navigate the market and earn rewards.
A Call to Action
As the future of the CLARITY Act remains uncertain, individuals can take control of their earning potential by exploring alternative solutions like EcoPool. Download the EcoPool app to learn more about how you can start earning passive income through cloud rewards and green crypto initiatives. By joining the EcoPool community, you can stay ahead of the curve and make the most of your crypto investments, including $ECP. #PassiveIncome #EcoPool #GreenCrypto #CloudRewards #Earning #Coin
The CLARITY Act is set for a House hearing on July 17. The bill aims to establish the first regulatory framework for digital assets in the US, but it has been met with criticism. It cleared the Senate Banking Committee in May, with most Democrats and the banking industry pushing back, arguing that it would allow crypto firms to offer yields on stablecoins without facing the same requirements as traditional financial institutions.
Source: Alex Thorn
Congressional calendar squeezes crypto bill
The latest cut reflects mounting concern that even a bill with bipartisan support may not get enough floor time in a crowded Senate calendar.
Senate legislative schedule. Source: Senate.gov
The US Senate has entered a state work period from Monday until July 10. The Senate is also scheduled to begin its traditional August recess on Aug. 8 for five weeks before returning to Washington on Sept. 14, according to its legislative schedule.
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The runway to pass the bill is quickly declining, said Thorn, adding that the debate over the SAVE Act “injects another contentious, leadership-consuming fight into an already crowded queue.”
He added that the Senate is also working on two unfinished developments, including Section 702 of the Foreign Intelligence Surveillance Act (FISA), to which the House failed to pass a reauthorization and the National Defense Authorization Act (NDAA) for the fiscal year of 2027, which is considered “must-pass” legislation and is often the target of political debate.
At the beginning of June, over 200 crypto companies and organizations urged the US Senate to pass the CLARITY Act in a letter shared by crypto lobby group Stand With Crypto.
Later in June, a group of law enforcement organizations and a coalition of Catholic organizations reached out to White House officials with concerns that the CLARITY Act could create oversight gaps regarding illicit activity.
Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026
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- Law
- Senate
- Congress
- Politics
- United States
- Regulation
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