CryptoFortuneabout 1 hour ago
Banking lobby's Clarity Act campaign may backfire
6 min read
The Digital Asset Market Clarity Act faces 25% passage odds amid banking industry opposition. Banks earned $740 billion in net-interest income last year, exceeding the Magnificent Seven's combined net income. The lobby's anti-stablecoin arguments could invite stricter regulations like swipe fee caps or Glass-Steagall reinstatement.
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