Lawmakers have circulated text of the latest draft that will be pushed toward a Senate finish line, but they're still debating a core government-ethics piece.
- It’s not out officially just yet, but Clarity Act language circulating on Wednesday confirms the inclusion of an ethics provision that would sunset in 2029 and require regulators to implement within a year of enactment.
- The conflict-of-interest piece, which will include limits on President Donald Trump’s own widespread crypto involvement, has been a major final point of contention in the legislation, though Democratic lawmakers may not be satisfied yet.
- Draft language has been shown to crypto industry insiders, and the Senate has only days remaining to get the work done before its summer recess.
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Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters :
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
U.S. Clarity Act failure gives Asia and Middle East a competitive edge, says Apex Group CEO
Senate's top Democratic investigator looking into Tether payments to Bo Hines' firm
Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures
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