Wall Street Journal:

How the Clarity Act, heavily lobbied by Coinbase's Brian Armstrong and the crypto industry, and opposed by banks over stablecoin yields, collapsed in the Senate  —  Coinbase CEO Brian Armstrong was at the center of a protracted fight over the role of digital assets in mainstream finance

Wall Street Journal:

How the Clarity Act, heavily lobbied by Coinbase's Brian Armstrong and the crypto industry, and opposed by banks over stablecoin yields, collapsed in the Senate  —  Coinbase CEO Brian Armstrong was at the center of a protracted fight over the role of digital assets in mainstream finance

Source: TechMeme
Source Link: https://www.techmeme.com/260921/p7#a260921p7