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US Senate to Vote on Clarity Act Tomorrow, Stablecoin Reward Mechanism Sparks Debate

Source: www.coindesk.com Event types: Regulation/Compliance
The U.S. Senate is scheduled to hold a final vote on the Clarity Act on September 15, but the bill faces key controversy due to a provision allowing cryptocurrency platforms to pay stablecoin yields to users, which has sparked strong opposition from the banking sector.

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