CLARITY Act Enactment Odds Hit 20% All-Time Low: Crypto Community Reacts

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Kalshi's market-implied odds of the CLARITY Act passing fell to an all-time low of 20% after Senate Majority Leader John Thune declined to file a cloture motion, even though the bill passed the House in 2025. Ongoing Senate delays and disputes over provisions like stablecoin yield limits make passage unlikely before January 1, 2027, increasing regulatory uncertainty and market risk for crypto, DeFi, stablecoin projects, exchanges and token issuers.
- The odds of passing the CLARITY Act declined to a 20% all-time low on Kalshi.
- Senate Majority Leader John Thune declined to file a cloture motion on the bill.
- Crypto community members have criticized lawmakers for failing to pass the CLARITY Act.
The chances of US lawmakers passing the CLARITY Act into law this year have hit a 20% all-time low on the Kalshi prediction platform. Despite passing the House in 2025 and the high expectations among crypto community members, unfolding events suggest that the bill, which currently lies in the Senate, is unlikely to pass before January 1, 2027.

Delays in deciding on the CLARITY Act among US Senators have led to a steady decline in the probability of the bill’s passage. Opposing lawmakers have been stuck in arguments about sections of the bill, amid negotiations over issues including stablecoin yield restr…
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