▲Crypto Market-Structure Bill Stalls in the Senate

Score history

Daily conviction score, 0 to 100. Higher means the thesis is more strongly corroborated.

Now 99 · +3 since Oct 11 · ranged 96 to 99

Showing the last few days. Unlock full score history.

Why the conviction moved

• Oct 12
  Strengthened +3

  With the Clarity Act stalled, executives are planning tokenization, DeFi products and acquisitions on the basis of agency action. Lawyers warn that spot-market rules are still unsettled and that rules made by regulators can be reversed by the next administration. This confirms that digital-asset rules now depend on agency discretion rather than statute.

• Oct 9
  Strengthened +2

  Senator Blumenthal, the top Democrat on the Senate's main investigations subcommittee, opened an inquiry into Cantor Fitzgerald's ties to Tether, as Democrats improve their chances of retaking the Senate. More conflict-of-interest scrutiny of administration-linked crypto relationships keeps ethics, not statute, at the center of the Senate's crypto agenda.

Showing the last 2 days. Unlock the full record.

Source trail

• Supporting · October 12, 2026

  With the Clarity Act stalled, US crypto rules depend on agency action that lawyers say leaves spot markets unsettled

  With the Clarity Act stalled, executives are planning tokenization, DeFi products and acquisitions on the basis of agency action. Lawyers warn that spot-market rules are still unsettled and that rules made by regulators can be reversed by the next administration. This confirms that digital-asset rules now depend on agency discretion rather than statute.

  CoinDesk

• Supporting · October 9, 2026

  Senator Blumenthal Opens Inquiry Into Cantor Fitzgerald's Ties to Tether

  Senator Blumenthal, the top Democrat on the Senate's main investigations subcommittee, opened an inquiry into Cantor Fitzgerald's ties to Tether, as Democrats improve their chances of retaking the Senate. More conflict-of-interest scrutiny of administration-linked crypto relationships keeps ethics, not statute, at the center of the Senate's crypto agenda.

  CoinDesk