Cynthia Lummis Warns US Has ‘Last Chance’ to Pass CLARITY Act Before 2030
Senator Cynthia Lummis urges swift passage of the CLARITY Act, warning delays could stall US crypto progress until 2030.
Senator Cynthia Lummis urges swift passage of the CLARITY Act, warning delays could stall US crypto progress until 2030.
A Coinbase executive says lawmakers are close to a CLARITY Act deal, though disputes over stablecoin yield still delay progress.
Coinbase is resisting proposed limits on stablecoin yields in a U.S. Senate crypto bill, highlighting ongoing tensions between crypto firms and banks.
US senators strike a tentative deal on stablecoin yield, potentially clearing a major hurdle for advancing crypto market structure legislation.
The OCC released a proposal to implement the GENIUS Act, formally barring yield on payment stablecoins and tightening oversight of issuer-affiliate reward structures.