Senate Push Might Delay CLARITY Act as Stablecoin Yield Debate Intensifies
Senator Thom Tillis suggested delaying the CLARITY Act markup to May to resolve banking and crypto sector differences over stablecoin yields.
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tl;dr
Senate Banking Committee members are debating a delay for the CLARITY Act's markup until May to resolve disputes over stablecoin yield. This potential postponement risks derailing the bill's progress ahead of the November elections.
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TTThom TillisR-North Carolina
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