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via DLNews · By DLNews Staff

Banks are fighting a ‘sideshow’ as Clarity Act stalls. Will it matter?

DS
DLNews Staff
(10:40 AM UTC)
1 min read
JM
Approved byJames Mitchell
  • Clarity Act markup slips into May as friction points remain.
  • Trump told memecoin holders at Mar-a-Lago over the weekend that he would sign it immediately.

The Clarity Act is stalling in Washington — but industry insiders say the outcome has already been decided.

Zachary Townsend, CEO of crypto insurance company Meanwhile, says that traditional banks lobbying to block yield-bearing stablecoins are…

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