TD Cowen: 25% Chance CLARITY Act Passes This Year
- —TD Cowen put the chances of the CLARITY Act passing in 2026 at 25%
- —The stablecoin yield provision was assessed positively
- —The reaction of moderate Democrats to the ethics rules remains unclear
- —The risk remains that Trump could invest in crypto through a trust
Why it matters: The fate of the US crypto market structure law depends on the Democrats' position, which affects regulation and investor sentiment.
Source: Bloomingbit