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Crypto market participants reacted strongly when new details from the CLARITY Act indicated a direct restriction on stablecoin yield. The proposed language would ban platforms from offering interest “directly or indirectly” on stablecoin holdings, targeting a key revenue model across the industry. This triggered backlash from investors, analysts, and founders, who argued the move protects […] Read The Full Article Crypto Voices Accuse US Lawmakers of Protecting Banks Over Stablecoin Innovation On Coin Edition.
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