Senate shelves Clarity Act, leaving crypto’s yield truce with banks in limbo

AI Summary The United States Senate has moved the crypto Clarity Act to the back of its schedule, and the slowdown has stalled an important agreement between the crypto industry and the banking lobby on the possibility for stablecoins to yield money to their investors. The aforementioned agreement is incorporated in the legislation. Banks have spent months... fulltext: 350 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/senate-shelves-clarity-act-leaving-cryptos-yield/ Source: CryptoPolitan