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.