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Clarity Act Gains More Support on Prediction Markets

Clarity Act Gains More Support on Prediction Markets

On Kalshi and Polymarket, the odds of approval are rising, but the Clarity Act still has to get through the Senate, the House, and the White House. The bill is meant to clarify the roles of the CFTC and SEC in the U.S.

DeFi stands for financial services without the involvement of banks or other central parties.

Within DeFi, blockchain technology is used for services such as borrowing, lending, trading, and earning yield. Smart contracts automatically execute financial processes.