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Banks and state attorneys general challenge CLARITY Act ahead of vote
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Banks and state attorneys general challenge CLARITY Act ahead of vote
Eight banking groups want lawmakers to tighten restrictions on rewards paid to stablecoin holders.The groups warned that interest-like incentives could pull deposits from banks and reduce lending.Seventeen state attorneys general said the bill could weaken state powers to pursue crypto fraud.The Sep. 15 vote would open debate on the bill rather than approve its final passage.
2026-09-14 Source:crypto.news
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