Novogratz optimistic on CLARITY Act, says next 4 weeks are crucial

Galaxy Digital CEO Mike Novogratz has expressed optimism about the passage of the CLARITY Act. In a post on X, he said that members of the House and Senate have invested an enormous amount of time into the bill. Novogratz described it as a highly complex piece of legislation but noted that only two or three contentious issues remain. He added that the proposed solutions seem fair and beneficial for the U.S. "The next four weeks are effectively the last chance," he explained, noting that reaching an agreement will become more difficult once the summer recess and election season begin.