Prediction markets on Polymarket have signaled a significant decline in confidence surrounding the CLARITY Act. Traders are increasingly betting against the legislation, pushing the probability of its passage by year-end to an all-time low.
The stall is largely attributed to ongoing disputes within the Senate. Lawmakers remain gridlocked over contentious ethics provisions, preventing the bill from gaining the necessary momentum to move forward in the current legislative session.
Market participants are now pricing in a high risk of continued inactivity. With negotiations seemingly at a standstill, the window for passing the regulatory framework appears to be rapidly closing, leaving crypto industry observers in a state of uncertainty.
