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CLARITY Act Should Ban Stablecoin Yields to Advance in Senate, French Hill Says

French Hill, the Chairman of the House Committee on Financial Services, has signaled that the CLARITY Act should ban stablecoin yields to gain bipartisan support and pass in the Senate. This comes as banks and the crypto industry continue to clash over whether third-party crypto firms should distribute stablecoin rewards to users. French Hill Signals

The post CLARITY Act Should Ban Stablecoin Yields to Advance in Senate, French Hill Says appeared first on CoinGape.

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