#CLARITYBillDelayed Yes, the proposed CLARITY Act, a key crypto market structure bill in the U.S. Senate, has been delayed for several weeks. It's currently not a top legislative priority.
📅 Why and How Long Is the Delay?
Here are the key reasons for the delay:
· Primary Cause: Coinbase, a major industry player, withdrew its support from the bill. They disagreed with provisions, primarily around restricting yield or "rewards" for stablecoin holders. This provision was reportedly pushed by the traditional banking sector concerned about competition.
· New Legislative Focus: With the mid-term e