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CLARITY Act faces 100+ amendments as bankers send 8,000 demand letters against stablecoin rewards

By Oluwapelumi Adejumo at 2026-05-13 13:07

Sentiment: Positive

The Senate Banking Committee’s crypto market structure bill is heading into CLARITY Act markup with more than 100 proposed amendments. This is turning a long-delayed vote on the CLARITY Act into a test of whether a fragile stablecoin compromise can survive pressure from banks, Democrats, and crypto industry groups. The final number of amendments has […] The post CLARITY Act faces 100+ amendments as bankers send 8,000 demand letters against stablecoin rewards appeared first on CryptoSlate. Continue reading...

Categories: Banking

Tags: #Banking #Featured #Legislation #Market #Politics #Regulation #Stablecoins #TradFi #CLARITY Act #Stablecoin

Source CryptoSlate