CLARITY Act Passage Odds Tumble to 50%: Bipartisan Crypto Market Structure Bill Faces Toxic Senate Calendar and $850B Banking Backlash

The legislative momentum behind the most anticipated digital asset framework in American history has hit a severe procedural wall. Galaxy Digital's firmwide research division has officially downgraded the 2026 passage probability of the Digital Asset Market CLARITY Act (H.R. 3633) down to a precarious 50-50 coin flip, striking a sharp blow to institutional timeline models that had previously priced in a 75% certainty of enactment.