Galaxy Head of Research: Probability of CLARITY Act Passing by 2026 is Downgraded Again
According to Odaily, the head of research at Galaxy posted on X stating that due to a shortened legislative schedule and increasing competition for floor time from other matters, they have further lowered the probability of the CLARITY Act passing in 2026. They still believe a vote will take place in July and hope the bill receives 60 votes of support, but it is currently unclear. (A certain exchange)
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The 160 Threshold Under Threat Again! Yen Nears "Intervention Red Line," Tokyo May Spend Money Again to Rescue the Currency
The Japanese yen is approaching the 1 USD = 160 JPY level. Atsushi Mimura commented that the movement is "too fast." The US-Japan interest rate gap may widen further, and Japanese officials have hinted at being ready to intervene again.
