[2026-05-09] The latest IT, economic, blockchain and coin news
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2026-05-09 | Curator: CryptoTerminal
Banking Industry Says Clarity Act Stablecoin Proposal Would Enable 'Evasion'
A coalition of the nation’s top banking trade groups, representing Wall Street giants and community banks alike, issued a statement Friday expressing concern that new language in a major crypto bill would benefit digital assets companies and disrupt the traditional banking industry. For months, the banking industry and the crypto lobby have battled over key language in the Clarity Act, a bill that would formally legalize most crypto activity in the United States. Banks want to add language to t...
