GSR legal chief puts Clarity Act passage below 50% odds, citing stablecoin yield and ethics concerns
GSR's Joshua Riezman gave the Clarity Act below-50% odds of passing this Senate session, citing stablecoin yield and ethics concerns....
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U.S. senators lament failure to win bipartisan support, yet, on crypto Clarity Act
U.S. Senate Banking Committee held a markup hearing on the Digital Asset Market Clarity Act Thursday, with Republicans and Democrats still divided on key provisions including DeFi treatment and ethics rules. Senator Cynthia Lummis said only 1% of differences remain. The bill advances crypto regulation in America, impacting global markets and Indian investors tracking U.S. regulatory shifts.
‘A million different ways to skin the cat’: Why stablecoin backers see incentives as inevitable under Clarity Act
Stablecoin backers contend that under the proposed Clarity Act, restricting yield incentives is futile—companies will inevitably find alternative methods to attract users. Industry experts argue regulatory frameworks must acknowledge this reality rather than attempt blanket prohibitions. The debate highlights tensions between consumer protections and market innovation in U.S. crypto regulation, affecting global stablecoin adoption strategies and investor participation patterns.