Back to Feed
Fintech– 0
Clarity Act needs ethics deal before Senate vote
CoinDesk·
Senator Angela Alsobrooks stated that she will not support the Clarity Act on the Senate floor without a resolution on ethics provisions and other outstanding issues. While bipartisan negotiations are progressing, ethics concerns and illicit finance provisions remain significant sticking points. Alsobrooks defended the stablecoin yield language, aiming to balance innovation with consumer and banking-sector protections. She emphasized that crypto regulation is a response to growing consumer adoption and that lawmakers have a responsibility to establish consumer protections, ensuring the U.S. remains a leader in digital asset innovation while safeguarding against harm.
Tags
regulation
fintech
policy
Original Source
CoinDesk — coindesk.com