US CLARITY Act Unlikely to Pass Senate Banking Committee Before April: Senator John Thune - "The Defiant"
5 Articles
5 Articles
Clarity Act: Where Is It Now, And What Is The Hold Up All About?
The Clarity Act remains stuck in limbo as big banks and crypto-natives continue hardline negotiations over its provisions. Their main points of contention center on stablecoin yields, the SEC’s potential overreach, government surveillance, and anti-competition restrictions. The United States of America, home of the world’s largest equity markets, remains the main battleground of international finance. It has also become central to the narratives…
Coinbase chief opposes Clarity Act on air
Coinbase CEO Brian Armstrong used a national TV appearance to push back on the Clarity Act, arguing the proposal is the wrong fix for digital asset rules. Speaking on the program “Mornings with Maria,” he outlined why he believes the measure would not help American crypto users or builders. His comments land as Congress and regulators weigh how to police a market used by millions of U.S. customers. What the Fight Is About The Clarity Act is a le…
CLARITY Act Might Face Another Delay, Not Before April
Key Highlights Senate Majority Leader John Thune said that the CLARITY Act will not pass out of the Senate Banking Committee before April, facing another major delay While banks are demanding strict limits on yields and incentives for stablecoins, the crypto industry is opposing this demand The delay in the regulatory process might raise legal risks for companies On March 12, Senate Majority Leader John Thune reportedly informed reporter Bren…
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