Coinbase again reportedly rejects support for CLARITY Act

Coinbase representatives reportedly tell Senate offices that it couldn't support the latest version of the legislation.
Cryptopolitan on MSN

The Clarity Act banned stablecoin yield to protect banks: It may have just made Tether and DeFi the winners

Regulation toward cryptocurrencies, specifically in the U.S., have largely been progressive to the industry since President ...

Circle heads for it worst day on record as proposed law could limit stablecoin yield

Earning yield, usually in the form of rewards, on stablecoins like Circle's USDC and others is key incentive for users to ...

How closely do crypto investors watch Washington these days? This 20% crypto-stock drop was a clue

Key Takeaways A new draft of the Clarity Act is said to restrict stablecoin rewards and disallows trading platforms like ...
Decrypt

Circle Stock Dives as Rival Tether Secures Big Four Audit, Crypto Bill Threatens Stablecoin Yield

Circle (CRCL) stock plunged 20% on Tuesday as stablecoin rival Tether made a long-awaited move and Clarity Act speculation ...

Morning Minute: Circle Plunges 20% Over Clarity Act Yield Changes

Circle just had its worst day ever, while the CFTC is building a task force for crypto, AI, and prediction markets.
CoinDesk

Circle stock plunges 20% as a new draft of the Clarity Act threatens stablecoin rewards

Circle shares fell 20%, and Coinbase dropped about 10%, after a draft of the U.S. Clarity Act raised the prospect of strict ...
Nasdaq

Crypto Market Recap: Coinbase Acquires Liquifi, Tether to Have its Day in Court

Bitcoin (BTC) is priced at US$109,452, up by four percent in the last 24 hours, and its highest valuation of the day. The day's range for the cryptocurrency brought a low of US$107,542. Chart via ...