CLARITY Act faces a 2 week deadline as Senate gridlock and bank pressure threaten freeze out until 2030
Senator Bill Hagerty expressed optimism that the Banking Committee could move the bill before the end of April.
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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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CMCynthia M. LummisR-Wyoming
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