Clarity Act Passage Probability Drops Below 20% as Senate Vote Looms

The U.S. virtual asset market structure bill, the Clarity Act (CLARITY Act), now shows a less than 20% chance of being enacted this year according to Polymarket. The critical factor for advancing the legislation is securing 60 votes in the Senate, which cannot be achieved with just Republican seats alone.

CryptoSlate reported on Thursday that the Clarity Act's passage probability had risen to around 34% within the past 24 hours before dropping below 20%. The prediction market figures reflect the likelihood of the bill passing both chambers and receiving presidential signature by year-end. A Senate vote requires 60 votes for advancement, making it a key hurdle.