Early CLARITY Act Deal Reached Between White House and US Lawmakers: Report
Senator Alsobrooks co-led the bipartisan deal, arguing it protects innovation while preventing deposit flight from traditional banks.
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CLARITY Act Talks Signal Possible White House and Lawmakers Accord3 articles·3 sources·Avg cred 37/100
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tl;dr
A tentative bipartisan deal has been reached on the CLARITY Act, a major crypto regulation bill. Senators Thom Tillis and Angela Alsobrooks reportedly agreed on stablecoin yield restrictions to prevent bank deposit flight while protecting tech innovation.
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ADAngela D. AlsobrooksD-Maryland
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