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Prediction markets are increasingly bullish on landmark crypto legislation, with odds surging nearly 380% in recent weeks as Congress inches toward defining digital asset oversight.
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The odds of the US passing its second major piece of crypto legislation have risen as prediction markets price growing momentum behind the Crypto CLARITY Act. Kalshi, the regulated prediction market platform, now prices the Crypto Clarity Act at a 69% chance of passing, while Polymarket sits in the same 69% range.
The bill divides oversight responsibilities between the SEC and the CFTC, giving the SEC authority over securities and investment contracts while placing digital commodities under the CFTC’s jurisdiction.
