A group of Senate Democrats has committed to working in a bipartisan manner to pass the CLARITY Act, a bill designed to establish a federal regulatory framework for digital assets. The legislation recently failed in the Senate after falling short by a single vote. Democrats are now seeking cross-party support to advance the bill, but procedural hurdles remain, particularly the need for sufficient Republican backing. The odds of the CLARITY Act being signed into law by the end of 2026 have risen from 5% to 7.6% over the past 24 hours, reflecting modest optimism among market participants.
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