Seven Democrats seen as ‘key’ to advancing CLARITY Act: Galaxy

The CLARITY Act, introduced in July 2025, stalled in January after Coinbase withdrew its support for the legislation over concerns about legal protections and stablecoin yields.
Crypto investment firm Galaxy Digital said seven Democratic lawmakers on the US Senate Banking Committee could be key to advancing the Digital Asset Market Clarity Act when it goes to markup on Thursday, sending it to the Senate for a vote.
In an X post on Sunday, Galaxy Digital labeled Democratic lawmakers Ruben Gallego and Angela Alsobrooks as “constructive/pro-framework” when it comes to crypto. Four other lawmakers are seen as “deal-makers,” while one lawmaker is seen as “mixed.”
“If Democrats vote for the bill in markup, likelihood of ultimate passage on the Senate floor increases significantly,” Galaxy Digital said.
Source: Cointelegraph →Related News
- 1 hour ago
70% of all crypto wrench attacks happen in France: Report
- 4 hours ago
Analysts forecast a Bitcoin crash to the $60K level, revisiting 2026 low
- 6 hours ago
Warsh will cut rates, despite consensus view of rate hikes: Analyst
- 10 hours ago
Binance denies new WSJ report alleging $850M in Iran-linked transactions
- 13 hours ago
ECB pushes back on euro stablecoin proposals, citing financial stability risks
