Imagine seeing the bill that was expected to finally give BTC$BTC a clear legal framework in the U.S. drop from a 75% chance of passing to just 49% in one week. That's exactly what's happened to the CLARITY Act on prediction platforms like Kalshi. 😬
So what changed? A full week of Senate recess with no progress on crypto legislation. Once lawmakers return in June, the CLARITY Act will be competing for attention with a housing bill, a farm package, and a FISA deadline on June 12. Throw in Republican disagreements over funding measures, and the path forward is getting tighter by the day. The odds of passage before August have already fallen to 37% — and before July, just 14%. ⚡
If the bill fails to reach a vote before the August recess, it's likely pushed back until 2027. For an industry that has spent years waiting for regulatory certainty, that's more than a setback — it's an eternity.
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