On July 16, President Donald Trump will hold a meeting with several senators, including Cynthia Lummis, to discuss the CLARITY Act. The objective is to establish regulations for high-ranking officials engaged in the cryptocurrency sector. Lawmakers are eager to advance the bill for a vote prior to the August recess.
Lummis expects a revised version of the bill to be introduced soon, with discussions set for the following week. Current predictions on Kalshi indicate a 79% chance of a vote before the recess, an increase from 68.8% the previous day. There is a 36% probability of the law being enacted by 2026 and a 62% likelihood by the end of 2027. Meanwhile, Polymarket assesses the chance of it becoming law in 2026 at 39%.
