CLARITY Act limits stablecoin yield: The banking sector's quiet victory.
Defining boundaries for decentralized finance, the CLARITY Act formalizes digital asset oversight. CLARITY Act: How Regulatory "Certainty" Funnels Digital Dollar Economics to Traditional Finance The CLARITY Act, poised for a May 14 Senate markup, isn't about fostering true innovation. It’s a calculated, legislative re-routing of the digital economy's most lucrative pathways. ⚡ Strategic Verdict This isn’t a battle for innovation; it's a strategic regulatory maneuver designed to structurally redirect capital flows from disintermediated crypto yield into traditional, bank-centric digital asset infrastructure. The legislative text of the CLARITY Act, recently updated on May 12, moves beyond mere clarification of digital asset rules. It represents a significant inflection point in the ongoing structural power struggle between...