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Polymarket Bets Spike 77% as US Shutdown Fears Stall CLARITY Act Progress
Polymarket Bets Spike 77% as US Shutdown Fears Stall CLARITY Act Progress
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BTCCSquare news:
Polymarket users are now pricing in a 77% chance of a U.S. government shutdown by January's end—a dramatic 67% surge in just 24 hours. The political standoff threatens to derail progress on the CLARITY Act, legislation critical for establishing clear cryptocurrency regulations.
Senate Majority Leader Chuck Schumer's refusal to advance appropriations bills containing DHS funding triggered the prediction market frenzy. This echoes October's 43-day shutdown that previously delayed the crypto legislation. Market observers note regulatory uncertainty could persist until Washington resolves its funding impasse.
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