‘Clarity Act will pass this summer’: Coinbase CLO Grewal backs stablecoin compromise, urges banks to accept deal

Coinbase's chief legal officer Paul Grewal predicts the Clarity Act will pass this summer, endorsing the Tillis-Alsobrooks stablecoin compromise. The legislation aims to establish clearer regulatory frameworks for stablecoins in the US. Grewal urges banks to accept the deal, signaling industry push for regulatory certainty that could impact global crypto markets and institutional adoption timelines.
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