Senator Thune's CLARITY Act Faces Uncertainty as Polymarket Odds Plummet
Senate Majority Leader John Thune has indicated that a vote on the CLARITY Act, a bill concerning cryptocurrency regulation, is expected this week. However, prediction markets like Polymarket have shown a significant drop in confidence, with odds of the bill passing in 2026 falling to 14% from a high of 82% earlier this year. The bill's progress is hindered by political disagreements, particularly regarding President Trump's crypto holdings and related ethics concerns. Senate Democrats are reportedly poised to block the bill, citing insufficient measures to address potential conflicts of interest. 
