The National Fraternal Order of Police and three crypto groups urge the Senate to pass the CLARITY Act. Democrats still oppose it over Trump ethics concerns. Polymarket odds sit at 35%.
Alpha Score of 59 reflects moderate overall profile with moderate momentum, moderate value, weak quality, moderate sentiment.
The largest U.S. police union and three crypto lobbying organizations have publicly endorsed the Digital Asset Market Clarity Act, adding pressure on a Senate that remains divided over the bill.
The National Fraternal Order of Police, in a July 24 letter, said it now supports the legislation after a revision to Section 10604 of the Blockchain Regulatory Certainty Act. The change gives law enforcement agencies clearer authority over crypto-related crime, according to the letter signed by National President Patrick Yoes.
The Blockchain Association, Crypto Council and Digital Chamber sent a separate letter the same day urging the Senate to take up the bill. The groups called it "a crucial opportunity to establish durable rules for digital assets that protect consumers, safeguard markets, and ensure innovation can thrive in the United States."
Patrick Witt, executive director of the President's Council of Advisors for Digital Assets, said he is "optimistic" about getting the necessary votes. A White House spokesperson echoed that confidence.
Senator Cynthia Lummis confirmed the bill includes a provision requiring brokerage-grade bankruptcy protection for crypto assets. That clause would shield customer funds from a service provider's insolvency and affirm cryptocurrencies as property of the end user.
Democrats remain opposed, citing ethical concerns tied to President Trump's crypto ventures. Senator Thom Tillis said Trump plans to meet with the Senate to resolve those reservations, though no date has been set.
Polymarket gives the CLARITY Act a 35% chance of passing in 2026. Kalshi puts the odds at 40.6%. Both reflect repeated legislative delays and opposition from banks and Democratic members.
The Senate floor vote is scheduled for July 27.
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