Uncertainty around the CLARITY Act's passage could weigh on crypto stocks regardless of FOMC outcome
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction. It's spreading across NDX & SPX — a theme crossing asset classes.
Still mostly niche and specialist coverage — not yet picked up broadly by mainstream press.
"If the CLARITY Act bill fails to pass, it could weigh on crypto stocks, including COIN. Data from Polymarket shows that there is a 29% chance that the bill will pass in 2026."
"JPMorgan analysts estimated the probability of the CLARITY Act passing this session at 37% and wrote: 'The longer the approval of the Clarity Act is postponed, the greater the threat to crypto markets from the growth of tokenization and blockchain-based applications eventually being absorbed by incumbent market infrastructure rather than accruing to public crypto networks.'"
"If opposition towards the bill continues, it could move COIN and CRCL stocks lower even if this week's FOMC meeting ends up being dovish."