Senate Push Might Delay CLARITY Act as Stablecoin Yield Debate Intensifies
Treasury Secretary Scott Bessent warned that delaying the CLARITY Act beyond the upcoming election cycle could derail the bill's momentum.
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Treasury Secretary Scott Bessent warned that delaying the CLARITY Act beyond the upcoming election cycle could derail the bill's momentum.
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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.
Senator mediating between crypto and banking sectors
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