CLARITY Act Odds Sink to 35% After DOJ Crime Warning

The chances of the Digital Asset Market Clarity Act becoming law have taken a major hit. On the prediction platform Polymarket, the odds of the bill passing have slumped to just 35 percent. This shift comes as federal law enforcement raises serious red flags about how the new rules might impact financial safety.

The Department of Justice recently sent a warning to the Treasury Department. Officials expressed deep concern that the proposed legislation could weaken current rules against money laundering. They believe the bill might create loopholes that let bad actors hide illegal transactions more easily.

This development is a setback for those hoping for more regulatory clarity in the crypto space. While the bill aims to define how digital assets are treated, the DOJ worries it sacrifices security for simplicity. Traders are now watching closely to see if lawmakers will adjust the text to address these crime concerns.