Galaxy Research anticipates a 60% chance of crypto bill approval before January 15

Galaxy Research perceives a 60% chance of the crypto market structure bill passing before the Senate Banking Committee markup on January 15, 2026. Challenges arise from DeFi regulations and demands for U.S. Sanctions compliance.

The imminent 2026 elections could affect the bill’s trajectory. Democrats believe they can regain control post-elections, which may influence the urgency and support for the crypto legislation.