White House Sets March 1 To Push Senate’s Clarity Act: Will Banks Cave?
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The White House is pushing for a stablecoin reward program under the Clarity Act, with a March 1 deadline for resolution. Traditional banks are opposing yield-like incentives offered by stablecoin issuers, creating a regulatory clash. The crypto community anticipates this deadline to gauge market impacts.
- The White House is advocating for a stablecoin reward in the Clarity Act push in the U.S. Senate.
- Traditional banks and crypto firms have clashed over stablecoin yield rules
- The crypto community will be watching the March 1 deadline to understand the midterm market outlook.
The White House (WH) has set a March 1 deadline to break an impasse over stablecoin reward programs and move forward with the Clarity Act. Under the leadership of President Donald Trump, the White House talks aim to resolve the stalled discussions over whether stablecoin issuers can offer yield-like incentives.
What’s the Core Issue on the Stalled Clarity Act?
The fight over stablecoin rewards has become a high-stakes regulatory clash, with banks pushing to ban yield-like incentives. The traditional financial (TradFi) sector has argued that the stablecoins’ yield, if allowed under the C…
Read The Full Article White House Sets March 1 To Push Senate’s Clarity Act: Will Banks Cave? On Coin Edition.
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White House Sets March 1 To Push Senate’s Clarity Act: Will Banks Cave?
Share:
The White House is pushing for a stablecoin reward program under the Clarity Act, with a March 1 deadline for resolution. Traditional banks are opposing yield-like incentives offered by stablecoin issuers, creating a regulatory clash. The crypto community anticipates this deadline to gauge market impacts.
- The White House is advocating for a stablecoin reward in the Clarity Act push in the U.S. Senate.
- Traditional banks and crypto firms have clashed over stablecoin yield rules
- The crypto community will be watching the March 1 deadline to understand the midterm market outlook.
The White House (WH) has set a March 1 deadline to break an impasse over stablecoin reward programs and move forward with the Clarity Act. Under the leadership of President Donald Trump, the White House talks aim to resolve the stalled discussions over whether stablecoin issuers can offer yield-like incentives.
What’s the Core Issue on the Stalled Clarity Act?
The fight over stablecoin rewards has become a high-stakes regulatory clash, with banks pushing to ban yield-like incentives. The traditional financial (TradFi) sector has argued that the stablecoins’ yield, if allowed under the C…
Read The Full Article White House Sets March 1 To Push Senate’s Clarity Act: Will Banks Cave? On Coin Edition.
Read More
Custodia CEO Blames Trump Family For CLARITY Act Delays