CLARITY Act Stalls as White House Goes Silent Before Vote

Crypto policy faced another roadblock this week as the White House stayed quiet on a crucial counterproposal for the CLARITY Act. Supporters hoped for a breakthrough over the weekend, but no deal materialized as lawmakers prepared for a potential vote.

Senators Thom Tillis and Ruben Gallego recently pushed for stronger ethics rules. Their proposal suggests that state attorneys general should enforce laws against federal officials. Reports indicate that the White House has not yet responded to these suggestions, leaving the main issue unresolved.

As progress slows, prediction markets and Washington experts are pricing in lower odds for the bill. Approval chances dropped to 28 percent, a sharp decline from the 70 percent seen earlier this year. Traders should watch for any late updates from Washington as the vote draws closer.