a16z's Miles Jennings Says Banks Fighting the CLARITY Act Are 'Accelerating Their Own Obsolescence'

AI Summary Six banking trade groups are still pressing senators to tighten the bill's prohibition on interest-like rewards for holding stablecoins, a payment Jennings says will continue under GENIUS if CLARITY dies. fulltext: 204 chars | fulltext source: rss-fallback | summary method: extractive Original: https://thedefiant.io/news/regulation/a16z-s-miles-jennings-says-banks-fighting-the-clarity-act-are-accelerating-their-own-obsolescenc Source: The Defiant