Senate Democrats have announced plans to block cloture on the Clarity Act, a key piece of legislation aimed at clarifying U.S. digital asset regulations. This decision comes after negotiations led by Senator John Thune reportedly stalled without achieving a bipartisan ethics agreement. Democrats are demanding stronger ethics provisions to address conflicts of interest involving President Trump and his family’s crypto investments. The probability of the Clarity Act being signed into law in 2026 has dropped significantly, with YES shares falling to 22.5% from 34% a week ago.
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