Damus
BitcoinNews profile picture
BitcoinNews
ODDS OF CLARITY ACT PASSING JUMP TO 69% AS SCHUMER IS “VERY DESPERATE” TO CUT A DEAL

Sander Lutz reports Senate Democrats wrapped a closed door meeting today on the crypto market structure bill.

Chuck Schumer is said to be pushing hard after Fairshake unveiled a $193M midterms war chest, per a Senate source.

But pro crypto Dems still draw a red line on outlawing Trump’s crypto ventures, and the White House is unlikely to budge.

That’s assuming banks and Coinbase even reach a deal on stablecoin yield this month.

Still, betting markets continue to price in higher odds that the bill gets over the line.