According to BlockBeats, on July 5th, data from Polymarket showed that the probability of the CLARITY Act being signed into law in 2026 rose to 52%, an increase of 12 percentage points from July 3rd.
In terms of news, the Major County Sheriffs Association (MCSA) stated that it no longer opposes the Clarity Act after initially expressing concerns about how the bill would affect investigations into illicit finance. Analysts believe that the MCSA's change of stance reduces a key obstacle in the Clarity Act's progress, increasing its likelihood of reaching the Senate vote. However, opposition from the banking industry to stablecoin yield products and DeFi regulation remains a major uncertainty.