[Galaxy Research Director: New CLARITY Act Draft Adds Insider Trading Provisions and Makes Multiple Adjustments] According to a report by Golden Finance, Galaxy Research Director Alex Thorn posted on the X platform stating that the U.S. Senate Banking Committee has released the updated full draft of the CLARITY Act, which includes significant adjustments in several key sections: 1. Substantial rewrites to Chapter 1 regarding definitions, U.S. Securities and Exchange Commission (SEC) authority, and related content; 2. Addition of Section 109 on insider trading provisions; 3. Chapter 2 updates 'common control' to 'coordinated control'; 4. Rewrite of Section 301 to further clarify the regulatory boundaries between DeFi and CeFi; 5. Updates to Section 404 incorporating the compromise proposal from Tillis and Alsobrooks; 6. Adjustments to Section 505 narrowing the scope of SEC authority in the tokenization field; 7. Restructuring of Sections 701 and 702 regarding bankruptcy and insolvency frameworks; 8. Addition of Section 904, titled 'Build Now Act'; 9. Section 604, concerning the 'Blockchain Regulatory Certainty Act,' retains its core developer protection provisions with only minor modifications, ensuring its fundamental protective content remains intact.