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GENIUS Act: FDIC Urged Not to Expand Stablecoin Yield Ban as Senate Weighs CLARITY Act
By Boluwatife Adeyemi at 2026-06-09 12:33
Sentiment: Positive
Crypto firm Paradigm has sent a comment letter to the U.S. Federal Deposit Insurance Corporation (FDIC), urging the regulator not to extend the stablecoin yield ban in the GENIUS Act to third-party firms. This comes as the Senate deliberates on the CLARITY Act, which preserves stablecoin rewards for these third-party firms. Ad Ad Paradigm Urges The post GENIUS Act: FDIC Urged Not to Expand Stablecoin Yield Ban as Senate Weighs CLARITY Act appeared first on CoinGape. Continue reading...
Categories: Crypto News
Tags: #Crypto News #Clarity Act #Crypto bill
Source CoinGape