On the eve of a key vote on the CLARITY Act, the probability of passage within the year has dropped to 16%.

BlockBeats news, September 15 — The U.S. Senate will hold a key procedural vote on the CLARITY Act on the afternoon of September 15, U.S. Eastern Time, to decide whether to advance the bill to full chamber consideration. Predict.fun data shows that the probability of the CLARITY Act passing within the year has dropped to 16% (from 33% yesterday).

Previously, U.S. Republican Senator Cynthia Lummis said that after Republicans released the final compromise version of the CLARITY Act over the weekend, Democrats still demanded further changes. Some Democrats remain dissatisfied with the crypto ethics provisions in the new text and plan to submit a counterproposal before the procedural vote.

Elizabeth Warren, the top Democrat on the U.S. Senate Banking Committee, opposes the CLARITY Act and called the latest version of the bill a "weak fig leaf," arguing that the relevant provisions cannot stop Trump from continuing to profit from crypto businesses. She believes the new provisions may allow officials appointed by Trump to halt enforcement and contain loopholes that would let him continue profiting from businesses such as World Liberty Financial.