JPMorgan Warns Crypto Faces Setback As CLARITY Act Odds Drop To 37%

July 30, 2026 — Relays CoinDesk/JPMorgan note. Prediction-market odds ~37%. Deadlocks: ethics, stablecoin yield, DeFi, AML. Tokenization may accrue to incumbent infra. Tillis/Gallego ethics compromise pending White House + 60 votes. Senate recess; September next window.