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Crypto

U.S. Clarity bill vote delayed to September as bitcoin payments spread, Trump remark

A vote on the Clarity bill, a key U.S. congressional measure to regulate cryptocurrencies, has been pushed back to September after Congress went into recess. Lawmakers have clashed in the Senate over the bill’s content and how to move it forward, including conflict-of-interest provisions. President Donald Trump has said the bill is needed and argued the United States must lead China in crypto and AI. Democrats have raised concerns about potential benefits to a president and family.

Crypto

U.S. CLARITY Act vote delay slashes odds of passage this year in prediction markets

Prediction market participants lowered the perceived chances that the U.S. Senate will pass the CLARITY Act this year after its procedural vote was delayed. Prices on Kalshi and Polymarket for enactment before Jan. 1, 2027 fell, while contracts tied to later deadlines rose. The markets imply a higher likelihood of passage in late 2027 or later. Traders said settlement rules require a fully enacted law, excluding executive orders and partial measures.