How the Clarity Act, heavily lobbied by Coinbase's Brian Armstrong and the crypto industry, and opposed by banks over stablecoin yields, collapsed in the Senate (Wall Street Journal)

Wall Street Journal:
How the Clarity Act, heavily lobbied by Coinbase's Brian Armstrong and the crypto industry, and opposed by banks over stablecoin yields, collapsed in the Senate  —  Coinbase CEO Brian Armstrong was at the center of a protracted fight over the role of digital assets in mainstream finance

from Techmeme https://ift.tt/9YWo01C