Federal Reserve Governor Stephen Miran argued that stablecoins’ potential multi-trillion dollar growth over the next five years will help push down interest rates.
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Latest version of crypto market structure bill raises eyebrows ahead of Senate markup
Some lawmakers continue to push for ethics provision in the bill as bipartisan support is necessary for the CLARITY Act to pass a Senate floor vote.
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The Senate Banking Committee voted to advance the CLARITY Act in May, but it must still pass both chambers of Congress before heading to the president’s desk.