Polymarket now prices the odds of the bill passing by year-end at 40%, indicating lower near-term expectations for the U.S. market-structure measure.
A newly released draft of the U.S. Clarity Act indicates that a measure banning the president from issuing cryptocurrency would expire in 2029. The update points to a time-limited restriction rather than a permanent prohibition in the latest text of the bill. Polymarket, a prediction market platform, shows the probability of the legislation passing by the end of this year has fallen to 40%, signaling softer expectations for near-term approval of the U.S. crypto market-structure proposal.