Latest News and Articles about Banking Trade Groups
Banks Push Senate to Tighten Stablecoin Yield Rules in CLARITY Act
US banking trade groups are pressuring lawmakers to tighten the stablecoin yield language in the CLARITY Act, arguing the current compromise still leaves room for crypto rewards that look an awful lot like interest. Banks want tighter stablecoin yield rules They fear rewards could mimic interest Crypto wants activity-based rewards preserved Senate markup is set […]
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