The new text of the U.S. "Clarity Act" allows cryptocurrency companies to offer stablecoin rewards while protecting bank deposit interest operations

By: www.chaincatcher.com|2026/05/02 01:47:37

Members of the U.S. Senate Banking Committee announced a compromise text on the "Clarity Act" on Friday, which allows cryptocurrency companies to continue implementing stablecoin reward programs but prohibits them from offering stablecoin yields equivalent to bank deposit functions or economic benefits.

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