The bill’s progress follows talks on jurisdiction, consumer/developer protections, and stablecoin rewards, with crypto firms backing a yield compromise. www.coindesk.com
Industry
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Regulation
Tether executive warns the 2026 midterms could have ‘seismic impact’ on crypto industry
by shayaanby shayaanMiami — Tether.io Head of Government Affairs Jesse Spiro said the crypto industry sees the 2026 U.S. midterm elections as a critical …
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Smart Contracts
Banking Industry Says Clarity Act Stablecoin Proposal Would Enable ‘Evasion’
by shayaanby shayaanIn short Top banking groups say the new Clarity Act language leaves loopholes regarding stablecoin yields. The compromise would ban direct returns …
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Finance
Crypto’s mainstream moment has arrived, say industry leaders speaking at Consensus Miami
by shayaanby shayaanWhat was once viewed as a speculative fringe movement is rapidly becoming part of the world’s financial plumbing, according to executives from …
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Spencer Bogart, general partner at Blockchain Capital, noted that while years ago fintech companies aimed to be bank-like but not banks, this …
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Regulation
Crypto industry will be ‘just fine’ if CLARITY Act doesn’t pass: Chris Perkins
by shayaanby shayaanThe US crypto industry’s momentum won’t be derailed in the long term even if the much-anticipated CLARITY Act, aimed at bringing more …
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Regulation
Banks and the Crypto Industry Reach Compromise on Clarity Act – Here Is the Full Text
by shayaanby shayaanThe long-awaited stablecoin yield compromise for the CLARITY Act, a critical legislation under US cryptocurrency regulations, has been clarified. According to text …
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Markets
Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup
by shayaanby shayaanThe agreement necessitates firms restructure reward programs from a “buy and hold” to a “buy and use” model; however, CCI raised concerns …
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Regulation
CLARITY Act Misses April Deadline — What That Means for the Industry
by shayaanby shayaanThe US Senate Banking Committee allowed April to close without scheduling a CLARITY Act markup, confirming the bill has missed its target …
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Regulation
CLARITY Act Gets an Industry Ultimatum as 120 Firms Including Coinbase and Ripple Demand Senate Action
by shayaanby shayaanMore than 120 crypto organizations including Coinbase, Ripple, Kraken, and Andreessen Horowitz sent a joint letter to the Senate Banking Committee on …