Grewal: CLARITY Act Nears Senate Vote, Crypto Structure in Sight
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Coinbases top lawyer, Paul Grewal, reveals progress on the Digital Asset Market Clarity Act, or CLARITY Act, which aims to establish federal rules for crypto markets. The Senate is close to a deal, but stablecoin yields remain a sticking point. Banks are concerned about potential deposit losses, and President Trump has weighed in, meeting with Coinbases CEO. Grewal dismisses bank fears as baseless, while crypto executives warn of potential harsher rules from the next administration. The Senate vote could bring much-needed structure to the crypto industry.
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