
Banks Want More: Trade Groups Demand Stricter Stablecoin Limits in Clarity Act
Banks press Senate to tighten Clarity Act's stablecoin rewards limits, fearing deposit flight from interest-like payments.


Banks press Senate to tighten Clarity Act's stablecoin rewards limits, fearing deposit flight from interest-like payments.

Bernstein says crypto markets haven't priced in a Clarity Act surprise, despite GOP revisions addressing ethics and bank-deposit protections.

Senate Republicans release revised Clarity Act ahead of Sept. 15 vote, aiming to regulate crypto protocols and secure Democratic support.

Treasury Secretary Bessent pushes Senate to pass the CLARITY Act next week, warning inaction would signal US weakness in digital assets as odds drop to 10%.

The White House hath vetted candidates for the vacant CFTC seats, yet a period for their filling remains an unfathomable mystery.
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