Polymarket traders now assign a 73% probability that the Digital Asset Market Clarity Act will be signed into law in 2026.
This represents a sharp rise from 46% at the beginning of May. This increase comes days before a pivotal statement by the Senate Banking Committee.
Follow us on X To get the latest news as it happens
Why does the May 14 Clarity Act matter?
The Senate Banking Committee is scheduled to meet on Thursday, May 14, at the Dirksen Senate Office Building in Washington, D.C., to consider the bill. This represents progress on cryptocurrency market structure legislation, which stalled in the Senate after approval by the House of Representatives in July.
Correspondent Eleanor Terret He confirmed that the draft text had been It was distributed to selected industry members before voting. The signs give the board a new chance before the signature goal at the White House on July 4.
Meanwhile, commercial banking groups They press at the last minute Reviews of brokered return settlement Senators Thom Tillis and Angela Alsobrooks. The proposed amendments would further restrict stablecoin issuers from offering rewards to holders.
The bill is widely viewed as major development for Cryptocurrency market, which industry experts suggest could provide strong headwinds for the sector. According to Grayscale, the CLARITY Act will impact nearly every sector of the digital asset industry by establishing clearer regulatory standards.
“The CLARITY Act can catalyze the next phase of innovation and capital formation in digital assets by replacing structural uncertainty, and providing developers, businesses and investors with a long-awaited asset regulatory framework,” said Zach Bandel, Head of Research at Grayscale, books.
Now, Thursday’s vote will indicate whether the Senate can meet its July goal.
Subscribe to our YouTube A channel to watch leaders and journalists provide expert insights
this post The odds of Polymarket appearing are 73% when the Clarity Act becomes law in 2026 appeared first on BeInCrypto.
