CLARITY Act Passage Delayed into 2027 Amid Senate Stalemate

The passage of the CLARITY Act has been pushed into 2027 after Senate leaders declined to start the procedural process needed for a vote before the August recess.

Kalshi odds for the bill taking effect before July 2027 fell 8 points to 41%, while contracts now assign a 65% chance that the bill becomes law before January 2028.

Bitwise CIO Matt Hougan said that 'crypto will be fine' without immediate congressional action, citing SEC rulemaking as an alternative route for regulatory clarity.

The Senate's August 4 floor schedule did not include H.R. 3633, and the chamber's official list of pending cloture motions named two unrelated measures.