New Clarity Act Draft Surfaces With 100 Changes

Senate Republicans circulated a brand new draft of the Digital Asset Market Clarity Act on Thursday after returning from the August Congressional recess. Senator Lummis confirmed that the updated text includes more than one hundred changes compared to previous versions. Lawmakers are still trying to iron out key details for market structure and regulation.

Prediction markets reacted quickly to the news. Bettors on Polymarket pushed the odds of the legislation actually passing this year from sixteen percent up to nineteen percent. While the bump is relatively small, it shows that traders are paying close attention to any movement on Capitol Hill.

The big hurdle for the bill remains the sixty vote threshold needed in the Senate. Even with the new revisions, gathering enough bipartisan support to push the measure across the finish line will be difficult. Traders should keep an eye on how other lawmakers respond to the revised text in the coming weeks.