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🇺🇸 CLARITY Act Could Be Unblocked This Week
Senator Tim Scott announced progress in negotiations over stablecoin yields — this is the point blocking the bill's passage. A compromise could be presented in the coming days.
⚖️ Banks oppose yield payments, fearing deposit outflows, while crypto companies view this restriction as anticompetitive.
Negotiations also cover DeFi and market structure, and their outcome could determine the future of crypto regulation in the US.
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