

BD
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🚨🗞 NEW! CEO of American Banking Association, Rob Nichols, on The #CLARITY Act and Stablecoin Conflict: "What We Don't Support is An Uneven Playing Field, Where New Entrants Want To Offer Bank Like Products, Without Having To Comply With Bank Like Rules" The Battle Continues..

🏦REGULATION: BANKS REJECT WHITE HOUSE STABLECOIN REWARDS DEAL & STALL CLARITY ACT Banks have rejected a compromise proposed by the White House on a major U.S. crypto market bill, per @Reuters. Officials attempted to broker a middle ground between banks and crypto companies. The proposal allowed stablecoin rewards in limited cases, such as peer-to-peer transfers between users. However, the plan prohibited incentives on idle stablecoin balances. Crypto companies accepted the plan, banks have rejected it, fearing large outflows.

🏦REGULATION: BANKS REJECT WHITE HOUSE STABLECOIN REWARDS DEAL & STALL CLARITY ACT Banks have rejected a compromise proposed by the White House on a major U.S. crypto market bill, per @Reuters. Officials attempted to broker a middle ground between banks and crypto companies. The proposal allowed stablecoin rewards in limited cases, such as peer-to-peer transfers between users. However, the plan prohibited incentives on idle stablecoin balances. Crypto companies accepted the plan, banks have rejected it, fearing large outflows.








BRETT is now listed on Muteswap! @BasedBrett You can now swap from BTC or 70+ different chains directly into your favorite coin. No bridging or converting to USDT needed. muteswap.com/swap
