A U.S. senator criticized bank opposition to stablecoin legislation before a committee session, saying the American Bankers Association sought “immediate

The American Bankers Association amplified warnings the Senate’s Clarity Act could push deposit flight into stablecoins unless lawmakers tighten yield limits.

A U.S. senator criticized bank opposition to stablecoin legislation before a committee session, saying the American Bankers Association sought “immediate

On Sunday, American Bankers Association President and CEO Rob Nichols sent an urgent letter to bank CEOs across the country, warning that the current version of the CLARITY Act…

Senate Banking Committee Republicans mounted a defense of the CLARITY Act ahead of a scheduled May 14 markup, rejecting claims that the bill would weaken

A key banking committee reached a deal on stablecoin yield, but ethics conflicts remain

The Senate Banking Committee opened a high-stakes markup for crypto on the Digital Asset Market Clarity Act.