TechFlow news, July 1, according to CoinDesk, investment bank Jefferies warned that as the path to passage for the "CLARITY Act" in the Senate becomes increasingly narrow, the cryptocurrency market may face volatility risks. Data from prediction market platform Polymarket shows that the probability of the bill being approved before the end of the year has dropped significantly from 70% to 48%. The "CLARITY Act" is an important bill in the legislative process of the current U.S. cryptocurrency regulatory framework, and the uncertainty of its prospects is seen by the market as a potential bearish signal.
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