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BSCN·2026-05-05 08:48

MAJOR US BANKING GROUPS SAY CLARITY ACT STABLECOIN YIELD BAN FALLS SHORTAmerica's largest banking associations say the CLARITY Act's newly proposed stablecoin yield language fails to protect bank deposits.The American Bankers Association, Bank Policy Institute, Consumer Bankers Association, Financial Services Forum and Independent Community Bankers of America issued a joint statement Monday. They acknowledged senators Tillis and Alsobrooks are pursuing the right goal but said the current language does not g ...

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