CLARITY Act Odds Drop to 37% as JPMorgan Warns Crypto Catalyst Is Fading

TLDR

• JPMorgan said fading CLARITY Act odds weaken a key crypto market catalyst.
• Prediction markets show a 37% chance of CLARITY Act passage this year.
• Senate talks remain stuck on ethics, DeFi, stablecoin yield, and AML rules.
• JPMorgan said delays could shift tokenization growth toward traditional finance.
• SEC Chair Paul Atkins said the SEC can issue crypto rules if Congress fails to act.

JPMorgan said falling odds for the CLARITY Act have weakened one of crypto’s main policy catalysts, as Senate talks remain stuck before the August recess.

JPMorgan Warns on CLARITY Act Delay

JPMorgan said the lower chance of the CLARITY Act passing this year is a setback for digital assets. The bank said delays could slow institutional adoption, even as tokenization and blockchain-based applications continue to grow.

Prediction markets now show a 37% chance that the bill becomes law before year-end. The decline came after the Senate placed other bills ahead of crypto market structure legislation before its summer recess.

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