Is Trump Using the CLARITY Act as Leverage in Broader Negotiations?

AI Abundance: the Clarity Act and the Stablcoin Wars

As Americans prepare to celebrate the 250th anniversary of the Declaration of Independence, few are paying attention to a bill moving through Congress that could seriously impinge on our financial independence. The Clarity for Payment Stablecoins Act, H.R. 4766, is slated to make privately issued stablecoins a major component of the U.S. monetary system. Supporters see stablecoins as a way to strengthen the dollar’s global role while creating a …

Is Trump using the CLARITY Act as leverage in broader negotiations?

Senator Tim Scott is also urging that the Senate vote on crypto market structure legislation in July, but concerns remain.