-
Banking Groups Seek Ban on Stablecoin Rewards: What CLARITY Act Means
77 state banking associations are pushing to ban balance-based stablecoin rewards under the CLARITY Act, citing unfair advantages over traditional banks. The move could reshape how crypto users earn yield on digital dollars and intensify the battle between traditional finance and the crypto industry.
-
Grayscale: US Crypto Rules Can Move Forward Without CLARITY Act
Grayscale reports that US crypto regulation is advancing through stablecoin legislation and federal agency initiatives, even without the CLARITY Act moving forward in Congress. This progress could bring clearer fundraising and trading rules for crypto businesses.