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CLARITY Act Prediction Market Odds Fall to 37% as August 8 Deadline Looms

Prediction Market

2026-07-28 12:22:31

POLYMARKET3.60%

Senate delays on crypto regulation have intensified as lawmakers shift focus to nominations and Russia sanctions legislation. The CLARITY Act faces a narrow window before the August 8 recess, with a vote unlikely before next week. On July 28, Franklin Templeton publicly supported the bill, arguing it would clarify regulatory jurisdiction and protect investors. However, Polymarket prediction traders now assign the measure only a 37% probability of becoming law this year, down sharply from earlier odds near 60% to 75%. The contract has recorded more than $2.8 million in trading volume, reflecting rising skepticism amid ethics disputes and banking concerns over stablecoin yield products.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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