BTC.top founder predicts low odds for U.S. Clarity Act procedural vote
Jiang Zhuoer, founder of mining pool BTC.top, stated that the odds of the U.S. Clarity Act clearing a procedural vote on Sept. 15 are low. He noted that Polymarket's estimated odds of passage increased to 28% from 14% after Republicans accepted approximately 80% of the provisions previously objected to by Democrats. However, he indicated that the actual level of compromise remains around 60%. Jiang highlighted that Democrats' demands were not adequately addressed on key issues, particularly regarding ethics provisions and enforcement authority. He pointed out that Democrats aimed to extend the ethics clause to include not only federal officials and their spouses but also their children and related entities, while the latest bill restricts its application to officials and spouses.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

IMF Confirms Ukraine's Compliance with Currency Liberalization Commitments

Pi Network Announces Stablecoin Plan, Confirms PI Remains Primary Asset

Florida imposes new limits for using cryptocurrency ATMs ranging from $2,000 to $10,000

Polkadot Launches Stablecoin 'dotUSD' Under DAO Governance with USDT Issuance and US Treasury Seed Funding

Debt in Pesos: Market Fears a New 'Wall' of Maturities Every Three Months

Ray Dalio Warns Stocks Face Pressure from Rising Bond Yields

CoinShares: Bitcoin's Rise Depends on Financial Instability

Executives at AI Companies Simulate Public Political Backlash After Catastrophic Events

National Tax Agency Discusses Next-Generation System "KSK2" and Tax Investigations on Cryptocurrency Assets

Hong Kong Cyberport Clarifies It Is Not an Investor in Metafyed

MedCred: a clandestine publication claims exposure of data from 274,534 users

Firelight Rolls Back Blacklist Process, Unfreezes 87 Affected Flare Wallets

Carlyle Abandons Purchase of Lukoil's Foreign Assets

Midterm Elections in the United States, Bitcoin Could Benefit from a Historic Rise

JPYC Explains Stablecoin Payment Competition to Japan's Fair Trade Commission

Pump.fun Generates $18.64 Million Despite Memecoin Decline

Anthropic Launches Presidential Candidate Engagement Program, Hiring Political Project Lead

Cardano Founder Questions Vitalik's Basis Against Post-Quantum Cryptography

Thailand SEC Allows Bitcoin and Ethereum ETFs to Trade

Robinhood Explores Launching Stock Tokens Linked to Actively Managed ETFs

Citi Predicts Dovish Surprise from the Fed, Core PCE Near 2% May Affect Rate Hike Path

France Passes Three Cryptocurrency Amendments in 2027 Budget, Tax on Stablecoins on the Agenda

MoonPay Commerce On-chain Monthly Transaction Volume Drops to $7.3 Million

Consensys Partners with ClearToken to Advance 24/7 Settlement of Tokenized Securities

PowerCompute Mines 8.1 Bitcoin In September, Reduces Debt By 22.45 Million

Strategy Schedules October 29 Bitcoin Treasury Update

AI Startup Manus Raises $500 Million After China Nixed Meta’s $2 Billion Acquisition

Sberbank: Retail Investors' Crypto Investments Will Not Catch Up with Traditional Instruments

BNY Expands Regulated Crypto Custody Across The European Union Under MiCA





