Galaxy Head of Research: The CLARITY Act is urgent, and the earliest it may be sent to Trump for signing into law is August

ChainCatcher reports that Galaxy Head of Research Alex Thorn stated on X that the US Senate Banking Committee has passed the CLARITY Act by a 15-9 vote this week, advancing the bill to a full Senate vote. Time is tight, with approximately nine weeks remaining. The expected timetable for subsequent steps is as follows: June 1 — begin reconciling the versions of the bill from the Senate Banking Committee and the Agriculture Committee; June 15 — full Senate begins debate; June 22 — Senate may complete the final vote; July 13 — coordination completed between the Senate and the House of Representatives; early August — President Trump signs it into law (if the plan proceeds as scheduled).

Alex Thorn analyzed that the Democratic Party is mainly focusing on “ethics clauses” intended to restrict senior officials and their family members from holding and profiting from digital assets. At the same time, negotiations are still ongoing regarding DeFi regulation and the Blockchain Regulatory Certainty Act (BRCA). The CLARITY Act will lay the foundation for innovation and investor protection in the US digital asset market.