Polymarket’s odds of a U.S. government shutdown by the end of January surged to 77 percent, Cointelegraph reported on Saturday.
That marks a 67 percent increase in 24 hours, with political uncertainty and delays in processing cryptocurrency regulation bills cited as key reasons.
Political commentator Collin Rugg (콜린 러그) said the likelihood of a shutdown rose after Democratic Senator Chuck Schumer opposed a Department of Homeland Security budget bill. Schumer said he opposed it because the DHS bill did not do enough to curb ICE abuses.
U.S. President Donald Trump also did not rule out a shutdown in a Fox Business interview. The timetable for processing the Clarity bill has also become uncertain. Coinbase CEO Brian Armstrong (브라이언 암스트롱) withdrew his support, saying the current version is worse than the status quo.
Galaxy Digital head of research Alex Thorn (알렉스 쏜) also questioned the bill’s chances of passage, saying a debate over stablecoin yield issues has not been resolved.
Chi-gyu Hwang
delight@d-today.co.kr