Novogratz Predicts May Movement for US CLARITY Act, Pathway to Clarity

The US CLARITY Act has been a focal point for the crypto industry, seeking to provide a unified framework for digital assets under federal regulations. Galaxy Digital CEO Mike Novogratz believes the bill may move forward in May, bringing clarity to the sector's operations.

Novogratz's comments were made during a podcast with SkyBridge Capital founder Anthony Scaramucci, where he emphasized the importance of the CLARITY Act for both Democrats and Republicans. The CEO argued that clearer crypto regulation would help keep financial innovation within the United States, allowing more people to access US financial products through crypto wallets.

The bill's progress has been slow, with disputes between banks and crypto firms contributing to delays. Alex Thorn, Galaxy Digital's head of firmwide research, has expressed caution, giving the CLARITY Act a 50% chance of passing in 2026.