Clarity Act Passing Odds Fall to 39% as President Trump Discloses $1.4B Crypto Income

Varinder Singh
Varinder Singh

Varinder Singh

Independent Sr. Journalist
Expertise : Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
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Highlights

  • Odds of Clarity Act signing into law this year fall to new low on 39% on Polymarket.
  • Kalshi data shows almost 36-44% odds of crypto market structure bill becoming law this year.
  • The latest drop occurred amid President Trump's $1.4 billion crypto disclosure.
  • Senator Elizabeth Warren raised Trump's conflicts of interest concerns.

The odds of the Clarity Act signing into law this year dropped to new lows on prediction markets. The odds fell after US President Donald Trump disclosed $1.4 billion in crypto income, raising ethics and conflicts of interest concerns.

Clarity Act No Longer Expected to Be Signed into Law This Year

Polymarket data revealed the chances of Clarity Act getting signed into law in 2026 fell to 39% on July 1. This marks a new low as the crypto market structure bill already faces a delay amid a tight legislative timeline.

Participants have sharply downgraded the prospects for the Clarity Act passing by the Senate and reaching President Donald Trump’s desk this year. Polymarket said the Clarity Act is no longer projected to be signed into law this year.

Notably, Galaxy Digital cut Clarity Act passage odds to 50%, warning Senate calendar pressure and delayed floor action threaten crypto bill.

Moreover, the odds of crypto market structure bill passing in July and August have dropped to 0.1% and 13% on Kalshi prediction market. Over the last 24 hours, the odds of Clarity Act becoming law this year ranged from 36% to 44%.

Clarity Act Passing Odds
Clarity Act Passing Odds. Source: Kalshi

The US Senate adjournment, traditional banks’ opposition, and demands for stronger ethics safeguards by Democrats have delayed the Clarity Act. Critics argue that the crypto bill lacks sufficient protection against conflicts of interest for public officials, particularly President Trump.

Trump’s $1.4 Billion Crypto Income Fuels Ethics Debate

President Trump’s latest financial disclosure revealed more than $1.4 billion in crypto-related income for 2025, as per the U.S. Office of Government Ethics. Democrats could challenge the Clarity Act provisions due to conflicts of interest concerns.

Notably, Trump reported over $635 million from licensing deals tied to TRUMP meme coin, more than $236 from WLFI token sales and $65.6 million from WLFI equity sales, and almost $197 million from USD1 stablecoin stake sales.

President Trump also holds $50 million in Bitcoin and nearly $25 million in Ethereum. Other income comes from crypto ventures including Melania Trump’s NFT sales and collectibles business.

President Trump's Crypto Disclosure
President Trump’s Crypto Disclosure

The timing of the disclosure has intensified calls from Democrats, including Senator Elizabeth Warren and others, for conflict of interest provisions in the CLARITY Act. Notably, an earlier Senate Banking Committee amendment to restrict the president, vice president, and members of Congress from participating in crypto businesses failed.

White House crypto adviser Patrick Witt has been negotiating with senators on ethics issues, but progress has remained limited. Also, the Senate’s adjournment before the July recess increased uncertainty about the passage of the Clarity Act.

In addition, President Trump refused to sign the Housing bill containing CBDC ban, saying he won’t sign anything until Congress passes the SAVE America voting bill. Trump also met with Republican senators after refusing to sign the bill.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.