Circle shares fell as much as 18%, and Coinbase dropped about 8%, after a draft of the US Clarity Act raised the prospect of strict limits on stablecoin yield
The latest version of the Clarity Act is pressuring stocks as it would restrict stablecoin rewards. — What to know:
CoinDesk
Related Coverage
- Circle heads for it worst day on record as proposed law could limit stablecoin yield CNBC · Tanaya Macheel
- Impact of Stablecoin Yield Limitations and Tether Audit News on CRCL Stock Blockchain.News
- Clarity Act Deal Could Ban Stablecoin Yields; Circle Leads Crypto Sell-Off Investor's Business Daily · Harrison Miller
- Coinbase, Circle stocks tumble as stablecoin rewards recieve no ‘clarity’ TheStreet · Pooja Rajkumari
- Coinbase (COIN) Shares Plunge 8% Following CLARITY Act Stablecoin Yield Restrictions Blockonomi · Trader Edge
- 3 Top Reasons Why Coinbase Stock is Sliding Today? CoinGape · Boluwatife Adeyemi
- Circle stock drops nearly 20% as CLARITY Act draft targets stablecoin yield Crypto Briefing · Estefano Gomez
- Circle Stock Crashes 18% After CLARITY Act Leak Targets Stablecoin Yield The Crypto Times · Jahnu Jagtap
- The CLARITY Act Was Stuck - One Bipartisan Deal Just Changed Everything Blockhead
- Circle falls 20% as stablecoin reward limits loom, Tether adds Big Four auditor and wallets frozen The Block
- Circle stock crashes 22% as U.S. bill targets stablecoin rewards crypto.news · Dorian Batycka
- Why Circle Internet Group Stock Was Tumbling Today Motley Fool · Jeremy Bowman
- Delaware Moves to Regulate Stablecoins Under Banking Framework Cryptonews · Ahmed Balaha
- USDC Stablecoin Issuer Circle CRCL Stock Falls 18%: Here's Why Watcher Guru · Jaxon Gaines
- Circle (CRCL) Crashes Below $100 After Senate Revises Crypto Bill To Ban Stablecoin Rewards NewsBTC · Ronaldo Marquez
- Circle Shares Fall Most Ever On Latest Stablecoin Rewards Move Bloomberg
- Circle stock sinks 20% over reports that Clarity Act could restrict stablecoin rewards Yahoo Finance · Ines Ferré
- Circle Stock Dives as Rival Tether Secures Big Four Audit, Crypto Bill Threatens Stablecoin Yield Yahoo Finance · Stacy Elliott
- Crypto Stocks Decline Over 10% on Looming Stablecoin Yield Ban Coinpedia Fintech News · Steve Muchoki
- Why Wall Street Is Wrong About Coinbase and Circle Stock Motley Fool · Travis Hoium
- Stock Market Today, March 24: Circle Internet Dives on Possible Stablecoin Yield Restrictions Motley Fool · Emma Newbery