Polymarket Shows 62% Odds for Democratic Sweep, Threatening CLARITY Act

Prediction markets Polymarket shows Democrats have a 62% chance of sweeping both chambers of Congress in the November midterms, with Kalshi putting the odds at 61%.

Such an outcome could jeopardize efforts to revive the CLARITY Act, which aims to establish a clear regulatory framework for digital assets in the U.S., and heighten uncertainty around future crypto regulation in Washington.