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🚨LATEST: NEW CLARITY ACT TEXT BANS PASSIVE YIELD BUT ALLOWS ‘BONA FIDE’ REWARDS
Newly released Senate text would block crypto firms from paying yield simply for holding stablecoins in a bank-like manner, while still permitting ‘bona fide’ rewards tied to platform activity and transactions.
The compromise marks a major step toward resolving the biggest hurdle delaying the Clarity Act’s advancement.
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