Galaxy Research Director: If the Clarity Bill does not pass committee review by the end of April, its chances of passing this year are extremely low.

CoinFeed reported on March 15th that Alex Thorn, research director at Galaxy Research, analyzed that if the CLARITY bill fails to pass committee review by the end of April, its chances of passing in 2026 will become extremely slim. The bill needs to proceed to the full Senate vote in early May. It is widely believed that the controversy surrounding stablecoin rewards is the main reason for the CLARITY bill's obstruction. However, even if a compromise is reached on the rewards issue, other obstacles are highly likely to exist: such as DeFi, developer protection, the jurisdiction of the U.S. Securities and Exchange Commission (SEC), and even ethical issues.