Clarity Act Odds Jump to 75% After Surprise Senate Vote | Alex Thorn

The U.S. Senate Banking Committee's surprise bipartisan vote to advance the Digital Asset Clarity Act has dramatically shifted the odds of its passage from a 50-50 coin flip to a 75% likelihood this year, according to Alex Thorne of Galaxy Digital. The pivotal moment came when two Democrats—Ruben Gallego and Angela Alsobrooks—broke ranks to vote in favor, signaling a major breakthrough in a historically polarized issue. Thorne argues that while the bill still faces hurdles, including ethics provisions targeting government officials and ongoing rulemaking on stablecoin yield, the political momentum is now firmly in favor of passage. He emphasizes that the Clarity Act isn't just about regulatory clarity—it's about locking in long-term institutional adoption, preventing future policy reversals, and securing U.S. leadership in the global digital asset economy. Even if agencies like the SEC and CFTC are already offering interpretive guidance, Thorne insists the bill’s permanence and legislative weight make it a transformative catalyst for innovation, with potential to drive Bitcoin to new all-time highs if signed into law. The episode reveals a deeper strategic battle: major banks are publicly opposing the bill despite being deeply involved in its negotiation, suggesting a cynical effort to delay innovation and protect their market moat.