Passage of the CLARITY Act is moving into its next phase, but prediction markets remain skeptical about the bill’s chances in 2026.

Bill Could Reach Senate Floor By July 20

Lawmakers are racing against the congressional calendar to advance the Digital Asset Market Clarity Act before its chances fade ahead of the 2026 midterm election season.

Senate Banking and Agriculture Committee staff have merged their respective versions of the Clarity Act into a single draft, CoinDesk reported on Friday, citing people familiar with the negotiations.

The revised legislation reportedly adds more than 70 pages of new language and incorporates changes negotiated by members of both committees. It emphasizes largely on consumer protections.