Even if the CLARITY Act faces legislative hurdles, the cryptocurrency industry is poised to achieve a significant portion of its objectives through administrative regulatory channels. According to Alex Thorn, Head of Research at Galaxy Digital, the crypto sector is likely to secure "most of what it wants" through administrative guidance and rule-making by agencies such as the SEC and CFTC within the next two and a half years, irrespective of the CLARITY Act's passage. Thorn acknowledges that the bill's enactment would further bolster innovation, investor protection, and the United States' leadership in the crypto space. However, he suggests that even if the legislation fails, the medium-term downside risks are constrained.
#crypto #blockchain #news
Blockchain Report
npub1cg…nmysr
2026-07-09 23:22:01 UTC
Author Public Key
npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrPublished at
2026-07-09 23:22:01 UTCEvent JSON
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"content": "Even if the CLARITY Act faces legislative hurdles, the cryptocurrency industry is poised to achieve a significant portion of its objectives through administrative regulatory channels. According to Alex Thorn, Head of Research at Galaxy Digital, the crypto sector is likely to secure \"most of what it wants\" through administrative guidance and rule-making by agencies such as the SEC and CFTC within the next two and a half years, irrespective of the CLARITY Act's passage. Thorn acknowledges that the bill's enactment would further bolster innovation, investor protection, and the United States' leadership in the crypto space. However, he suggests that even if the legislation fails, the medium-term downside risks are constrained.\n\n#crypto #blockchain #news ",
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