Senate Push Might Delay CLARITY Act as Stablecoin Yield Debate Intensifies
Senator Tim Scott is considering whether to postpone the CLARITY Act markup based on feedback from committee colleagues and industry stakeholders.
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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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TSTim ScottR-South Carolina
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