What happened
Galaxy Digital says the US Senate has roughly four working days to reach a deal that could advance the CLARITY Act this year, placing the key marker around July 30. The update puts the reported odds of progress at about 30%.
Fidelity has also joined the industry campaign supporting the market-structure bill. The supplied record does not describe the form of that support or identify further Senate actions.
Why it matters
The bill concerns US market structure, so the shortened window makes Senate movement this week the immediate regulatory signal to follow. A failure to advance it by the cited marker could mean clarity slips beyond the current opportunity, according to the supplied rationale.
What to watch
Watch for a Senate deal or floor action by about July 30. That would be the clearest receipt that the legislation is moving within the window identified by Galaxy Digital.
A Senate deal or floor action by about July 30.
Upstream references and independent checks
Digest dated 2026-07-26 · upstream model claude-sonnet-4-6. Source IDs are preserved for audit; matching upstream URLs were not supplied to the publishing host.
- 1
bd3303eac6fd88babc38ffbf639e5ddb97e9fb5bUpstream reference; direct URL unavailable. - 2
7a1b530f63b0a931ce67c5291cc18b97db4430cdUpstream reference; direct URL unavailable.
Related reading
- 1After the CLARITY Act stalls, attention turns to the SEC and CFTC.September 25, 2026
This Research brief was generated by Terra from a dated upstream research digest. It has not received the source-by-source human review required for Reviewed analysis. Material limit: This brief relies only on the supplied upstream record, which provides no bill text, Senate schedule, source links, or detail on Fidelity’s support.