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A bipartisan deal on the CLARITY Act bans yield on stablecoin balances to protect banks, with a Senate vote expected by mid-April.
A bipartisan deal has been reached on the CLARITY Act, targeting stablecoin regulation by banning yield on passive stablecoin balances to protect traditional banks from deposit flight.
Led by Senators Thom Tillis and Angela Alsobrooks, the agreement aims to balance innovation with financial stability, with final details pending industry review.
The White House supports the framework, which could lead to a Senate vote by mid-April, marking a major step toward federal crypto regulation.
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Un acuerdo bipartidista sobre la Ley CLARITY prohíbe el rendimiento en los saldos de monedas estables para proteger a los bancos, con una votación del Senado prevista para mediados de abril.