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Banks lobbying efforts seek to ‘kill’ CLARITY Act before US Senate election window closes
By Oluwapelumi Adejumo at 2026-05-09 10:49
Sentiment: Positive
The US Senate’s most significant effort to establish a comprehensive federal framework for digital asset markets, the CLARITY Act, is in imminent danger of slipping into May. Amid fierce pressure from traditional financial institutions, Senator Thom Tillis (R-NC) is actively pressing Senate Banking Committee leadership to delay advancing the CLARITY Act. The delay turns what […] The post Banks lobbying efforts seek to ‘kill’ CLARITY Act before US Senate election window closes appeared first on CryptoSlate. Continue reading...
Categories: Banking
Tags: #Banking #Legislation #Market #Politics #Stablecoins #TradFi #CLARITY Act #stablecoins
Source CryptoSlate