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Clarity Act Markup locked for May 14.

The financial design is converging. The political obstacle — ethics provisions tied to presidential crypto exposure — is the last remaining fight.

The CLARITY Act stablecoin yield compromise text has finally been released by Senators Tillis and Alsobrooks.

Section 404, six pages, eleven subsections and the yield fight has moved up a layer.

Three things to know immediately. The Statutory map:

One — Section 404 does not reach Circle. “Covered party” explicitly excludes permitted payment…

May 9
at
12:03 AM
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