CLARITY Act odds surge on prediction markets ahead of vote

Bettors on Kalshi and Polymarket sharply raised the chances that U.S. crypto market-structure legislation will advance, with Tuesday's Senate vote the next test for the CLARITY Act. The bill, which would create a federal framework for digital assets, faces a shortened September calendar and a procedural vote that needs 60 votes to move forward.

Despite the rising odds on prediction markets, the bill still faces a long road, with both Senate scheduling and state-law-enforcement opposition still unresolved.