Key facts
- The CLARITY Act has 2-3 unresolved issues.
- Developer protections and law enforcement concerns are key sticking points.
- The congressional calendar is a factor in the bill's progress.
- There are four weeks remaining before the summer recess.
Galaxy Digital CEO Mike Novogratz indicated that the CLARITY Act is currently facing two to three unresolved issues. These outstanding matters include critical areas such as developer protections and concerns raised by law enforcement agencies. With the congressional summer recess approaching in four weeks, the available time on the legislative calendar is becoming a significant factor in whether the bill can advance.