Coinbase CLO: The Clarity Act is expected to pass this summer, calling for the banking industry to accept a compromise on stablecoins
According to The Block, Coinbase Chief Legal Officer Paul Grewal stated that he is "very confident" that the stablecoin legislation, the Clarity Act, will pass before this summer, and publicly supports the compromise version proposed by Senators Thom Tillis and Angela Alsobrooks.The proposal retains...