Coinbase CEO Brian Armstrong expects the CLARITY Act to secure more than 60 votes during the Senate cloture vote on September 15. Kalshi prediction markets, however, price the odds at just 22%, creating a significant gap between Armstrong’s optimism and market pricing. Republicans hold 53 Senate seats, meaning at least seven Democrats would need to support the bill to reach the 60-vote threshold. Democrats remain reluctant, particularly due to concerns about ethics provisions governing political investments in crypto entities, especially after President Trump reported substantial crypto profits last year.
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