The U.S. Banking Committee has set a deadline of 5:00 p.m. Eastern Time for members to submit amendments to the CLARITY Act. The number of amendments submitted remains undisclosed, though 137 were received during the bill's January review. The American Bankers Association has reportedly sent over 8,000 letters to the Senate, advocating for enhancements to the stablecoin yield compromise provisions.
U.S. Banking Committee Sets Amendment Deadline for CLARITY Act
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