Polymarket odds of the Crypto Clarity Act being signed into law in 2026 fell to 35% Thursday after Senate Democrats said they would not support the current version of the bill over unresolved ethics provisions.

Why Are Democrats Walking Away?

Democrats want stronger guardrails on Donald Trump's crypto dealings and said the Republican version of the ethics language falls short on both conflict-of-interest protections and consumer safeguards, Politico reported Thursday.

Senator Ruben Gallego (D-AZ), a key negotiator on the bill, said the version heading to the White House gives the president too much room to continue what he called his "grift" in crypto.

"At the end of the day, we don't have strong ethics.