Crypto markets rallied, on the back of a Clarity progress report and a rebound in Asian chip stocks.
Polymarket traders cut Clarity Act passage odds as Senate delay drags on.
President Donald Trump agreed to an ethics provision for the crypto market structure bill, with sources differing on whether this is speculation or fact.
It has been reported that the Clarity Act gives law enforcement the tools it needs for decentralized finance.
That crypto regulatory text expected to be released Thursday does not have Senate Democrat support.
The Clarity Act is inching closer to a Senate vote, according to one report.