Crypto Clarity Act May Be Cleared to Move After Senators Agree on Stablecoin Yield
22 Articles
22 Articles
US Senators and White House Reach Tentative Deal to End Bank-Crypto Stablecoin Yield Clash
TLDR: Senators Tillis and Alsobrooks reached a White House-backed agreement in principle on stablecoin yield language. The deal proposes barring yield payments on passive balances to address bank concerns over deposit flight. White House adviser Patrick Witt called the agreement a major milestone toward passing the CLARITY Act. The agreement still requires vetting from banking and crypto industry groups before any final deal is confirmed. Sta…
CLARITY Act Talks Signal Possible White House and Lawmakers Accord
U.S. lawmakers and the White House appear to be edging toward a political agreement on how stablecoin yields fit into the forthcoming crypto market-structure framework, potentially reviving momentum for the Digital Asset Market Clarity Act of 2025, commonly known as the CLARITY Act. Politico reported that an “agreement in principle” has been reached between Republican Senator Thom Tillis and Democratic Senator Angela Alsobrooks, both members of …
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