Friday, May 1, 2026

Clarity Act text lets crypto firms offer stablecoin rewards while shielding bank yield

The text released Friday blocks crypto firms from offering stablecoin yield offerings that look like bank deposits, but "bona fide" transactions are allowed.

source https://www.coindesk.com/policy/2026/05/01/clarity-act-text-lets-crypto-firms-offer-stablecoin-rewards-while-shielding-bank-yield

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