Senator Cynthia Lummis has rejected a proposal from Senator Catherine Cortez Masto and prosecutors’ groups regarding the digital-asset market-structure bill, known as the CLARITY Act. AdvertisementThe pricing for the “Clarity Act Signed into Law in 2026” market has experienced a decline, with current odds at 29.5% for a YES outcome. The CLARITY Act, which includes provisions to prevent developers from being classified as money transmitters, remains a focal point of intense debate in the Senate. Key TakeawaysLummis’s rejection of the proposal appears consistent with a setback for the CLARITY Act in maintaining developer protections. Market odds for the CLARITY Act being signed into law in 2026 have decreased, currently standing at 29.5% YES.