Grayscale Says Ethereum, Solana and Two Additional Blockchains Poised To Benefit From Clarity Act
[ad_1] The world’s largest digital asset-focused investment platform says institutional capital will initially target four blockchain networks as regulatory clarity improves. In a new report, Grayscale says expected regulatory changes, including the Clarity Act that aims to establish rules for classifying and regulating digital assets and guidance from the U.S. Securities and Exchange Commission (SEC), […]
Bank Lobbyists Strike Out Against Clarity Act, Say Bill Would Risk ‘Flight of Bank Deposits’ Into Payment Stablecoins
[ad_1] The American Bankers Association (ABA) is pressing for big changes to the Clarity Act, claiming the crypto market structure bill could put bank deposits at risk of losing ground to stablecoins. Last week, the Senate Banking Committee announced it had scheduled a new markup session to consider the potential legislation. Over the weekend, ABA […]
JPMorgan Chase CEO Speaks Out Against Clarity Act, Says Banks Will Fight Bill in Upcoming Markup
[ad_1] The CEO of financial services titan JPMorgan Chase says banks will fight back against the CLARITY Act, the landmark crypto bill that seeks to establish a regulatory framework for cryptocurrencies and digital assets in the US. In a new interview, Jamie Dimon takes aim at the proposed legislation saying that it lacks adequate guardrails […]