Daily Market Updates: Galaxy cuts Clarity Act passage odds to 30% amid ethics, consumer concerns

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Galaxy cuts Clarity Act passage odds to 30% amid ethics, consumer concerns

The latest Clarity Act draft is described by seven Democratic negotiators as needing stronger ethics and consumer protections before it can move forward.

Reported · Written up by our desk · Regulation

The Block reports that Galaxy has reduced its estimate for the Clarity Act’s passage odds to 30%, saying the bill now hinges on a “last-ditch effort.”

According to the outlet, seven Democratic negotiators said the latest version of the draft needs stronger ethics and consumer protections, signaling additional work before lawmakers can reach agreement.

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The BlockGalaxy cuts Clarity Act passage odds to 30%, says bill needs ‘last-ditch effort’

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Galaxy cuts Clarity Act passage odds to 30% amid ethics, consumer concerns

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