According to reports, Senate Republicans circulated a new Digital Asset Market Clarity Act draft on Thursday following the August Congressional recess. Polymarket bettors increased the odds of the legislation passing this year from 16% to 19% following the news. 
Polymarket odds for the CLARITY Act on Thursday, Sept. 10, 2026.
Key Takeaways
- Lummis says the CLARITY Act now packs 100+ changes requested by Democrats.
- Polymarket bettors nudged CLARITY Act odds from 16% to 19% on Sept. 10.
- The CLARITY Act needs 60 votes Sept. 15, leaving Republicans hunting for 7 Democrats.
Lummis Says the New Draft Includes More Than 100 Changes
On Thursday, Senate Banking Digital Assets Subcommittee Chair Cynthia Lummis (R-WY) contains a great deal of changes to the CLARITY Act. “This updated Clarity Act text reflects bipartisan hard work over August—specifying when decentralized-in-name-only DeFi protocols must register with the CFTC and limiting the DeFi provisions to spot and cash transactions, in response to Native American concerns about prediction markets.”Lummis added:
“Overall, this text contains over 100 changes requested by Democrats. Let’s get this done!”The bill is still H.R. 3633, that already passed the House. Senate Majority Leader John Thune filed to move the bill forward on Aug. 8. The Senate returns Sept. 14, and the first big hurdle comes Monday, Sept. 15, at 2:15 p.m. EDT, when senators are expected to vote on whether to advance the bill. It needs 60 votes to move forward. Republicans have 53 Senate seats, so even if every Republican votes yes, they’ll still need support from at least seven Democrats.
The Senate’s 60-Vote Hurdle Still Looms
Reporter Eleanor Terrett, who got a copy of the draft, included in it. “The changes here include: Requiring non-decentralized DeFi protocols to register with the CFTC, which mirrors Section 10301 of the Banking Committee portion of the bill,” Terrett wrote on X. “Limiting the DeFi provisions to spot or cash digital commodity transactions, which appears aimed at addressing concerns raised by tribes about blockchain-based prediction markets,” she added.The revised draft shows how specific concerns, including those raised by tribal gaming groups over prediction markets, can influence . But getting it through the Senate could still be difficult. The bill needs 60 votes to advance, meaning Republican leaders will need Democratic support. Even with roughly 100 changes to the draft, it’s unclear whether those compromises will be enough to win over the senators they need.
While Lummis remains hopeful about getting a deal done, major disagreements over how digital assets should be regulated are still standing in the way.