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Stablecoin Proposal Still 'Falls Short' Of Protecting Bank Deposits: US Banks Say

Stablecoin Proposal Still 'Falls Short' Of Protecting Bank Deposits: US Banks Say Authored by Brayden Lindrea via CoinTelegraph,.com, America’s largest banking groups said they remain dissatisfied with the CLARITY Act’s newly proposed language on stablecoin yield, arguing that it fails to protect bank deposits. In a statement Monday, the bankers acknowledged that US Senators Thom Tillis and Angela Alsobrooks are “seeking to achieve the correct policy goal” in prohibiting stablecoin yield but noted that the CLARITY Act’s “proposed language” currently “falls short of that goal.” “It is imperative that Congress get this right,” the American...
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Jul 14, 2026 / Tyler Durden
Why Digital ID Is The Hill To Die On: The Authentication Layer
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Sep 24, 2026 / Tyler Durden
Biden-Nominated Judge Dismisses Michigan Case Accusing Oil Majors Of Suppressing Renewables
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Apr 30, 2026 / Andrew P. Napolitano
The Trump Surveillance State
The Fourth Amendment protects all persons from warrantless government searches and seizures of their persons, houses, papers and effects. It requires that warrants be supported by probable cause of crime and specifically describe the place to be searched and the persons or things to be seized.  Last week, for the first time in the modern era, […]
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