en
Back to the list

Patrick Witt Says Banks Oppose CLARITY Act Despite Stablecoin Interest Ban

source-logo  coingape.com 3 h
image

Patrick Witt criticized U.S. banks after 134 banking executives and leaders urged the Senate to revise the CLARITY Act’s stablecoin provisions. The dispute centers on Section 10404, which restricts interest or yield on payment stablecoins.

coingape.com