Galaxy Research Director: The CLARITY bill is progressing rapidly and could be sent to Trump for signature as early as August.

According to Mars Finance, Galaxy Research Director Alex Thorn stated in an article on the X platform that the US Senate Banking Committee passed the CLARITY bill this week by a 15-9 vote, pushing it towards a full Senate vote. Time is tight, with approximately nine weeks remaining. The subsequent timeline is likely as follows: June 1st: Begin harmonizing the bill versions between the Senate Banking Committee and the Agriculture Committee; June 15th: Full Senate debate begins; June 22nd: Final Senate vote likely; July 13th: Harmonization between the Senate and the House of Representatives completed; Early August: President Trump signs it into law (if it proceeds as planned). Thorn's analysis suggests that Democrats are focusing on the "ethics clause," which aims to restrict senior officials and their family members' holdings and profits from digital assets, while DeFi regulation and the Blockchain Regulatory Certainty Act (BRCA) are still under negotiation. The CLARITY bill will lay the foundation for innovation and investor protection in the US digital asset market.