ChainThink report, March 15: Alex Thorn, Research Head at Galaxy Research, stated that if the U.S. crypto regulatory bill, the CLARITY Act, fails to be reviewed by the Senate committee before the end of April, its probability of passage by 2026 will significantly decline, as the bill must enter the full Senate floor debate agenda by early May. The ongoing dispute over stablecoin rewards (rewards) is considered the primary obstacle; however, Thorn noted that even if this issue reaches a compromise, the bill may still face other contentious debates involving DeFi regulations, developer protections, SEC jurisdiction, and ethical concerns.