The odds of the CLARITY Act becoming law before 2027 have dropped sharply in recent days, reflecting growing uncertainty over the crypto market-structure bill's path through Congress even after a key Senate committee approved the legislation earlier this month.
According to Yahoo Finance, prediction market platform Kalshi showed the probability of the CLARITY Act passing before 2027 falling from nearly 75% to 50% in the span of a week. Traders cited a crowded Senate calendar, unresolved disputes over yield-bearing stablecoins and continued resistance from banking interests as major obstacles to the bill's progress.