[Galaxy Research Director Estimates Timeline for CLARITY Act Advancement, Earliest Submission to Trump in August] Galaxy Research Director Alex Thorn posted on the X platform, stating that the U.S. Senate Banking Committee voted 15-9 on Thursday to pass the CLARITY Act (Digital Asset Market Structure Legislation), advancing the bill to the Senate floor for a full vote. Key Developments: During the voting process, Sen. Ruben Gallego (D-AZ) expressed support for moving the bill out of the committee but emphasized that committee 'agreement' does not equate to final voting support. Committee Chairman Sen. Tim Scott (R-SC) announced a bipartisan compromise had been reached, incorporating five amendments proposed by Sen. Cynthia Lummis (R-WY), leading to the bill's eventual passage.