Crypto market structure legislation faces significant headwinds as Senate negotiations stall, prompting prediction markets to slash the probability of near-term passage.
Prediction markets sharply marked down the bill's near-term prospects, indicating bearish sentiment for crypto regulation.
Prediction markets have sharply downgraded the likelihood of the crypto market structure bill passing in the near term. Stalled negotiations hours before a critical Senate vote have fueled bearish sentiment across the digital asset sector.
The bill's prospects have declined due to stalled negotiations between lawmakers just hours before a scheduled Senate vote.