Regulations & Policy
White House threatens to pull support for crypto bill after Coinbase standoff: Report
•1 min read
The White House is reportedly considering withdrawing its support for the CLARITY Act following Coinbase's decision to retract its backing. Coinbase expressed concerns that the draft legislation would impose restrictions on decentralized finance (DeFi), ban tokenized equities, and eliminate rewards for stablecoin holders.
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Source: CoinTelegraph · Report an issue