🚨 Crypto vs. Banks: Clarity Act in the Balance Wall Street banks and crypto leaders, including Coinbase, are set to meet in Washington as the Clarity Act — the landmark bill defining crypto regulation in the U.S. — faces uncertainty.
The White House {spot}(ARDRUSDT) is mediating after tensions rose over whether crypto platforms can pay customers interest on stablecoins. The bill seeks to assign federal oversight across crypto markets, DeFi, and tokenized real-world assets, aiming to legitimize crypto in mainstream finance.
A recent Senate Agriculture vote passed part of the bill narrowly (12–11), highlighting the need for more Democratic support to move forward.
📌 Key takeaway: The Clarity Act could reshape crypto banking — but stablecoin yield rules remain a sticking point.
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