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.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
42m ago
Binance Sees $3.64B Net Outflow After Repaying Most of $6.3B Stolen Assets
3h ago
Xi’an CAS Xiguang Signs Deal with Xidian University on Space-Air-Ground Network
3h ago
OKX ICE Stock-Token Objections Reach 50, Including Nvidia
3h ago
Allgens Medical faces CSRC probe over alleged false financial data
5h ago
Chengdu opens investigation into sulfur-fumigated Angelica sales
5h ago
Swell Lifts Withdrawal Pauses on swETH and rswETH After Rate Reset