![\"CLARITY](\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDMvMDE5Y2VmMmEtYWI5NC03M2Q5LTg5YjgtOTc4YWRkNDAzYmM0LmpwZw==.jpg\")
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While many in the industry believe stablecoin rewards are the only sticking point for the US CLARITY Act, a crypto executive said more obstacles could app<\/a>ear.<\/p>\n The US CLARITY Act, which aims to bring greater regulatory clarity to the crypto industry, may have little chance of passing this year if it doesn\u2019t move forward within the next seven weeks, according to a crypto executive.<\/p>\n \u201cIf CLARITY doesn’t pass committee by the end of April, odds of passage in 2026 become extremely low,\u201d Galaxy Digital head of firmwide research Alex Thorn said<\/a> in an X post on Saturday.<\/p>\n \u201cThis needs to hit the Senate floor by early May… floor time is running out, and odds diminish every day that passes,\u201d Thorn said. It comes after US Senate Majority Leader John Thune said he doesn\u2019t expect the chamber to act on the digital asset market structure legislation before April, as it will prioritize the SAVE America Act, which would require voters to provide proof of US citizenship in person to register.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n