Bitcoin News
By Evie Vavasseur
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Prediction Markets Lose Faith Fast. Confidence in the CLARITY Act is slipping, and the numbers make that clear.
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What the SEC and CFTC Might Do Instead. If Congress punts, Bernstein sees the Securities and Exchange Commission and the Commodity Futures…
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The Procedural Math Is Brutal. Getting the CLARITY Act to a floor vote isn't simple.
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The Senate's August 3 schedule doesn't include the CLARITY Act. That omission alone has Bernstein analysts warning of a "knee-jerk" sell-off in digital assets if lawmakers can't…
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H.R. 3633 — the official name of the CLARITY Act — is missing from the Senate's agenda despite a 5:30 p.m. cloture vote on other matters set for that same day.
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Bitcoin is already struggling to find stable ground.
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Confidence in the CLARITY Act is slipping, and the numbers make that clear. Polymarket currently puts the bill's chances of passing by end of 2026 at just 28%.
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The broader market sentiment isn't just about one piece of legislation. It's basically a referendum on whether Congress can finalize crypto policy before midterm elections start…
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If Congress punts, Bernstein sees the Securities and Exchange Commission and the Commodity Futures Trading Commission stepping in with interim measures.
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Worth noting: none of that carries the statutory weight of actual legislation. Agency guidance is better than nothing, but it's not the durable framework the industry wants.
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See also: Senate CLARITY Act Stalls With 5 Days Left Before Recess and Galaxy Cuts Odds to 30%
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The CLARITY Act itself is designed to divide oversight between the SEC and CFTC, drawing clearer lines for digital asset issuers and trading platforms.
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Senator Cynthia Lummis released updated legislative text on July 22. Her version pulls in input from both the Senate Banking and Agriculture committees, which is a sign that…
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Getting the CLARITY Act to a floor vote isn't simple. Under Senate Rule XXII, a cloture petition requires 16 signatures.
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It's unclear whether Thune has the votes or the will to push it through on that timeline.
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