The US Senate has abandoned plans to vote on the CLARITY Act before its August break, pushing the legislation to September 14. Supporters now have roughly 14 scheduled weekdays to rebuild a 60-vote coalition as persistent disputes over banking, ethics and illicit finance continue to block the bill’s advancement. Prediction markets have marked down the legislation’s prospects, with a Polymarket contract showing approximately 14% odds of the bill being signed into law by the end of 2026, down from above 80% earlier this year. Congress will need to reconcile the Senate version with the measure already passed by the House before final legislation can reach Trump’s desk, while the current Congress expires in January, leaving little margin for another failed attempt.
Source: Read the original article
