The Clarity Act could give banks, brokers and asset managers a clearer rulebook, but financial firms have already moved far enough into digital assets that failure may slow adoption rather than stop it.

  • The Senate’s expected vote Tuesday on the Clarity Act could give financial firms clearer rules for trading digital assets and developing crypto products.
  • But Wall Street’s crypto expansion is likely to continue regardless of the outcome.
  • The bill would clarify regulatory authority over digital assets, but disputes remain over stablecoin rewards and their potential to draw deposits away from banks.

Newsletters

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The Definitive Stablecoin Landscape Series: Asia Pacific

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.

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