CLARITY Act Odds Slide to 25% Amid Ethics Review

Crypto market structure legislation is facing a slowdown in Washington. Betting markets show that odds for passing the CLARITY Act have dropped to 25 percent. The dip comes as the White House reviews a bipartisan ethics proposal. This agreement could decide if the Senate votes on the bill before the upcoming August recess.

Anthony Scaramucci expects Donald Trump to approve the ethics deal. However, the current delay puts pressure on digital asset advocates who hoped for quick action. Lawmakers are still working through the details, leaving the timeline uncertain for the rest of the summer.

Traders and investors should watch for updates from Washington regarding the ethics proposal. If the White House signs off soon, the Senate might still squeeze the bill in before the break. If not, the debate could stretch on much longer.