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2026-07-19 00:02:17 UTC

Blockchain Report on Nostr: Galaxy CEO Mike Novogratz stated that the CLARITY Act is nearing a critical juncture, ...

Galaxy CEO Mike Novogratz stated that the CLARITY Act is nearing a critical juncture, with negotiations now focused on the wording of ethical provisions. Novogratz highlighted that the American public does not want politicians to profit from issuing or holding crypto assets, a sentiment understood by both political parties. He urged Republican senators to push for further concessions from the White House, while encouraging Democrats to acknowledge that a digital asset bill may not fully address all corruption at the government level. A compromise is needed promptly, as ethical restrictions remain a significant point of contention for the bill's advancement in the Senate.

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