CLARITY Act Odds Drop Below 20 Percent Ahead Of Senate Vote

Crypto market structure legislation is facing a tough battle in the Senate today. Betting odds on Polymarket for the CLARITY Act dropped below 20 percent on Tuesday, falling sharply from around 34 percent just a day earlier. Lawmakers are preparing for a procedural vote that requires 60 votes to move forward, but the path to that number looks very narrow right now.

Republican leaders are struggling to keep their own party unified while Democrats push for more changes. Some Republican senators are worried that the bill could hurt community banks by drawing deposits away. At the same time, Democrats sent a new counterproposal after private talks, citing ongoing concerns about ethics rules and financial conflicts involving senior government officials.

Crypto industry leaders are making a final push to save the bill. Executives from Coinbase and Ripple argued that lawmakers have already included dozens of requested changes and met key Democratic demands. Supporters warn that failure to pass the bill could push digital asset innovation overseas and leave American consumers without proper rules.

Traders and investors should watch the Senate floor closely over the coming hours to see if leaders can scrape together enough bipartisan support to pass the procedural hurdle. If the bill fails today, the long push for clear digital asset regulation in the United States could face a major setback.