7 Democrats seen as ‘key’ to advancing CLARITY Act: Galaxy
Burns Brief
The CLARITY Act, introduced in July 2025, stalled in January after Coinbase withdrew its support for the legislation over concerns about legal protections and stablecoin yields The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
The CLARITY Act, introduced in July 2025, stalled in January after Coinbase withdrew its support for the legislation over concerns about legal protections and stablecoin yields.
Key Takeaways
- The CLARITY Act, introduced in July 2025, stalled in January after Coinbase withdrew its support for the legislation over concerns about legal protections and stablecoin yields