CLARITY Act faces a 2 week deadline as Senate gridlock and bank pressure threaten freeze out until 2030
Senate Banking Committee Chair Tim Scott faces pressure to schedule a markup for the CLARITY Act before the legislative window closes.
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tl;dr
The CLARITY Act faces a critical two-week deadline in the Senate as a divide between the crypto industry and traditional banking lobbies over stablecoin yields threatens to stall the bill until 2030.
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TSTim ScottR-South Carolina
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