Will the Senate pass the Clarity Act by October 31?
Market intelligence
Polymarket currently prices this at 1%. Polymarket has moved down 1pp over the past 7 days.
About this market
This market will resolve to “Yes” if crypto market structure legislation is passed by the United States Senate by the specified date, 11:59 PM ET. Otherwise this market will resolve to “No.” "Crypto market structure legislation" refers to any legislation that does all of the following: 1. Establishes a comprehensive regulatory framework for digital assets, cryptocurrencies, or virtual currencies (not solely for stablecoins); 2. Delineates regulatory authority between federal agencies (such as the SEC, CFTC, or others) for oversight of digital assets; 3. Creates definitions, classifications, or categories for when digital assets are considered securities, commodities, or other regulatory classifications. Examples of qualifying legislation include the "Digital Asset Market Clarity Act of 2025" (H.R.3633) and "The Financial Innovation and Technology for the 21st Century Act" (FIT21). The following would not qualify: - Bills that solely regulate stablecoins without addressing broader crypto market structure; - Bills that only ban or restrict specific crypto activities without creating a regulatory framework; - Bills that only address Central Bank Digital Currencies (CBDCs); - Appropriations bills that merely fund crypto-related activities; - Bills that only address crypto taxation without market structure provisions; - Executive orders, regulatory guidance, or agency rules; - The GENIUS Act or STABLE Act (stablecoin-only legislation); - The Anti-CBDC Surveillance State Act (CBDC-specific); Qualifying legislation must be passed by the United States Senate. Passage by the United States House of Representatives or subsequent signature by the United States President are not relevant for purposes of this market. The resolution sources for this market will be official information from the United States Senate and a consensus of credible reporting.