TREE NEWS reports: Odds of the CLARITY Act passing have fallen to 16% as key Democrats resist the GOP’s “final” offer. Banking groups said the Republican text leaves stablecoin reward loopholes, while tribal gaming interests warned its prediction market provisions threaten tribal sovereignty.
CLARITY Act Odds Drop to 16% as Democrats Resist GOP’s ‘Final’ Offer
AI take
The collapse in odds reflects a familiar dynamic in US crypto legislation: the fight is no longer about digital assets as such, but about who gets to intermediate dollar-like products and who controls prediction markets. Banking and tribal gaming objections are the decisive friction points, not partisan crypto sentiment, which is why a 'final' offer failed to close. Whether either bloc can be bought off with narrower carve-outs is the open question, and their continued resistance would keep the bill parked.
Generated by AI for reference only.
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