The Representatives from the banking sector and crypto industry leaders met at the Capitol to review the latest compromise text of the CLARITY Act.
The focus was on stablecoin yield and rewards provisions within the Act.
* Key Points from the Compromise:
The new CLARITY Act text addresses stablecoin yield, with the latest version reportedly not allowing rewards on stablecoin balances.
Both banking and crypto industry reactions are considered highly consequential for the Act’s future.
* Broader Context:
The review follows closed-door sessions and hearings, including a major tokenization hearing by the House Financial Services Committee.
The discussions are part of a decisive week for US stablecoin guidance, with attention from both the banking sector and digital asset industry.#NFA✅ clarity Act #CLARITY📝✅ #freedomofmoney #WKC #JAGER#altsesaon #Meme$BTC $BTC
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