Crypto stocks jump after lawmakers struck a compromise on the CLARITY Act to preserve stablecoin rewards under certain conditions; Circle's stock closed up ~20%
Shares of Circle surged after lawmakers over the weekend struck a compromise on the market structure bill known as the CLARITY Act …
CNBC Tanaya Macheel
Related Coverage
- CLARITY Act Compromise Propels Digital Asset Shares Higher PYMNTS
- Crypto CLARITY Act Heads Toward Senate Test After Stablecoin Compromise Breaks Deadlock International Business Times · Merin Rebecca Thomas
- Crypto industry calls for lawmakers to act on legislation after breakthrough agreement CNBC · Emily Wilkins
- CLARITY Act markup could come next week after stablecoin deal breakthrough CryptoSlate · Oluwapelumi Adejumo
- Banks Stay Tight-Lipped as Senators Reveal Proposed Clarity Act Stablecoin Deal Decrypt · Sander Lutz
- The Latest Changes to the Clarity Act Are Sending Circle Stock Higher Today. Here's Why. Barchart.com · Wajeeh Khan
- Bitcoin breaks $80k as long-awaited CLARITY Act approaches finish line Fortune · Jack Kubinec
- Circle, Coinbase lead crypto stocks rally amid Clarity Act progress, bitcoin hitting $80,000 CoinDesk · Krisztian Sandor
- Senators Release CLARITY Act Stablecoin Yield Compromise as White House Pushes for May Markup Unchained
- Coinbase CEO Brian Armstrong Says ‘Mark It Up’ After Reported Compromise On Clarity Act's Stablecoin Yields Clause Benzinga · Aniket Verma
- Why are crypto stocks surging today? Coinbase, Circle share prices rise up to 18% on these new stablecoin rules Fast Company · Jennifer Mattson
- Clarity Act odds surge on stablecoin compromise, Coinbase support DL News · Aleks Gilbert
- Circle Surges 16% on Clarity Act Compromise Blockchain.News
- Circle stock surges as CLARITY Act deal reshapes crypto yield Bitcoin Insider · Ananthu C U
- Circle, Coinbase surge after lawmakers unveil revised stablecoin rule Yahoo Finance · David Hollerith
- Coinbase (COIN) Stock Rallies 7.6% on Senate Stablecoin Breakthrough Blockonomi · Trader Edge
Discussion
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@faryarshirzad
Faryar Shirzad
on x
The final rewards text in the CLARITY Act is now public. We've been clear throughout this process: much of this debate was based on imagined risks, not real evidence, nor was it based on a real understanding of how crypto actually works. Nevertheless, the crypto industry showed
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@brian_armstrong
Brian Armstrong
on x
Mark it up
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@senlummis
Senator Cynthia Lummis
on x
The digital asset industry has waited long enough. Businesses are making decisions where to build RIGHT NOW, and without clear rules, too many will go overseas. We must get Clarity done now. America's financial future depends on it.
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@_10delta_
@_10delta_
on x
Clarity Act is now poised to accelerate the “Bretton Woods 3.0” framework that I've talked about. The yield “ban” is cosmetic & simply something for banks to tout as a victory. It bans stablecoins from paying you interest for just holding them: the way a savings account does.
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@wesleyjmattox
@wesleyjmattox
on x
Odds of the CLARITY Act passing jumped up on Friday and is helping $CRCL the past couple of days. Roy and I initiated a position Friday and are averaging up today. We hate “chasing” the stock, but we're averaging in, it's above its 200-day moving average for the first time ever
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@chairmanselig
Mike Selig
on x
The US is leading in digital assets, but lasting leadership requires legislation. We are all hands on deck to get CLARITY across the finish line and build a future-proof framework that supports innovation and solidifies America as the crypto capital of the world. Watch: [video]