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Cryptocurrency

Draft of the Clarity Act Proposes Prohibiting Rewards on Passive Stablecoin...

Stablecoin Yield Restrictions Tighten in Latest Clarity Act Draft Washington, D.C. – A revised version of the Digital Asset Market Clarity Act, circulated on Capitol Hill on Monday, would prohibit any form of “interest‑like” compensation for holding a stablecoin. The draft, negotiated by Republican Senator Thom Tillis (N.C.) and Democratic Senator Angela Alsobrooks...
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