Polymarket's probability of "CLARITY Act coming into effect in 2026" rises to 67% 21% in 24 hours

The probability of Polymarket's "CLARITY Act coming into effect in 2026" has risen to 67%, up 21% in 24 hours. The contract rules for this event are: If DigitalAssetMarketClarityActof2025(H.R.3633) is passed and signed into law by both houses of the U.S. Congress before 11:59 pm EST on December 31, 2026, it will be "Yes"; otherwise, it will be "No." Coinbase has said it has reached a compromise with traditional banks over key differences over the terms of holding gains in stablecoins, clearing the way for the U.S. Senate to advance a crypto market structure bill. Banks have previously lobbied to restrict or prohibit exchanges from providing returns to stablecoin holders, mainly worried about the outflow of funds from the bank deposit system. FaryarShirzad, chief policy officer of Coinbase, said that the final plan will add some restrictions while still leaving room for users to receive rewards through the encrypted platform and network based on actual usage scenarios. This development is expected to push the CLARITY bill into the voting process in the Senate Banking Committee.