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Death of Clarity Act crypto framework bill could be both good and bad for gaming stakeholders – Prediction markets

Death of Clarity Act crypto framework bill could be both good and bad for gaming stakeholders – Prediction markets

Crypto is a prominent piece of the prediction equation, but it could also be helpful in the fight against offshore platforms.

The Digital Asset Market Clarity Act, a long-hyped piece of legislation establishing a federal framework for cryptocurrency, failed to clear a key Senate vote this week and now looks dead for 2026, which represents a resounding defeat for crypto stakeholders that has multiple ramifications for the gaming industry.

At least 60 ‘yes’ votes were needed to move the legislation towards passage, but the final tally of 49-50 didn’t even reach a majority after four Republican lawmakers broke ranks to oppose the market structure bill. With critical midterm elections approaching in November, there is little…

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