Svmuu News: Galaxy Research Director Alex Thorn stated on X platform that the U.S. Senate Banking Committee voted 15-9 to pass the CLARITY Act, advancing the bill to a full Senate vote. The subsequent timeline could be:
June 1: Begin coordinating the bill versions between the Senate Banking Committee and the Agriculture Committee;
June 15: Full Senate debate begins;
June 22: The Senate may complete the final vote;
July 13: Coordination between the Senate and the House completed;
Early August: President Trump signs it into law (if the plan proceeds as scheduled).
Alex Thorn's analysis suggests that Democrats are primarily focused on "ethics provisions" aimed at restricting the digital asset holdings and profits of senior officials and their family members. Meanwhile, DeFi regulation and the Blockchain Regulatory Certainty Act (BRCA) are still under negotiation. The CLARITY Act would lay the foundation for innovation and investor protection in the U.S. digital asset market.