
Trump Agrees to CLARITY Act Changes, Passage Odds Rise to 35%
- —Odds of CLARITY Act passage on Polymarket rose from 14% to 35%
- —Trump agreed to about 80% of the changes, including a blind trust for crypto assets
- —Platforms without real decentralization would be required to register with the CFTC
- —A circuit breaker was introduced for the Treasury in the event of stablecoin deposit outflows
Why it matters: Passage of the law would set rules for DeFi and stablecoins in the U.S., but without Democratic support the vote could fail.
Source: Siam Blockchain