CLARITY Act passage odds drop to 16% amid Democratic resistance and industry opposition
Polymarket betting odds for the passage of the CLARITY Act in 2026 have plummeted from 35% to 16%. Key Democratic senators remain dissatisfied with the bill's ethics provisions, while a coalition of eight major banking associations warns of loopholes regarding stablecoin yields. Additionally, the Indian Gaming Association and a group of 18 state attorneys general have voiced opposition, complicating the Republican effort to secure the 60 votes required for passage in the Senate. The Blockchain Association continues to urge support, warning that further legislative delays could drive innovation and talent out of the United States.
Summaries are written by AI from the original article. Not investment advice.