Alex Thorn, Head of Research at Galaxy Research, has warned that the passage of the CLARITY Act, a key U.S. crypto regulatory bill, could face significant delays if it does not advance through the Senate committee by the end of April. The bill must be placed on the full Senate agenda for a vote by early May to maintain its chances of passing in 2026. Thorn highlighted that the ongoing controversy over stablecoin yields is a major hurdle for the bill's progress. Even if a compromise is reached on this issue, other contentious topics such as DeFi regulations, developer protections, SEC authority, and ethical considerations could still impede the bill's advancement.