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A Senate breakthrough on CLARITY could formalize a US market structure in which Bitcoin becomes the clearest institutional winner.
The new Digital Asset PARITY Act draft would extend wash-sale rules to digital assets while shielding certain regulated payment stablecoins from routine gain-or-loss recognition.
A national fight is now underway over whether sports prediction markets are federally regulated derivatives or unlicensed gambling platforms. The answer could determine not just who regulates them, but whether their current growth model survives at all.
