Prediction markets sharply marked down the crypto market structure bill’s near-term prospects as negotiations remained stuck hours before a key Senate vote. The Clarity Act’s chances of advancing plunged Tuesday after Republicans rejected a counterproposal from Senate Democrats ahead of a key procedural vote. Senator Cynthia Lummis said Democrats had effectively resubmitted their opening position despite substantial concessions from Republicans. Polymarket bettors put the chance of the Clarity…
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