Why Has Stablecoin Legislation Stalled? Blockchain Association’s Kristin Smith Explains
Blockchain Association CEO Kristin Smith joined Decrypt reporter André Beganski at Messari Mainnet 2023 to talk cryptocurrency regulation, the status of pending stablecoin legislation, and why Congress has struggled to r...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
77 state banking associations seek changes to CLARITY legislation to ban balance-based stablecoin rewards
The push to amend the CLARITY Act highlights tensions between traditional banks and stablecoin issuers, potentially reshaping fina...
Proposed stablecoin rules might guarantee your dollar while making you wait a week to spend it
When a stablecoin holder receives spendable bank dollars before the issuer redeems the token, a buyer or conversion provider has f...
$55 million Aave stablecoin pool sees just $4.4 million available for withdrawals
Aave's USDT0 stablecoin lending pool on the Monad network displayed a 6.10% annual percentage rate over the weekend, but only abou...
CLARITY Act Nears Senate Showdown: Crypto’s Long Wait for US Rules Reaches a Critical Vote
For cryptocurrency businesses waiting for Washington to settle how their industry should be regulated, the next hurdle comes down...
Ripple Breaks Down Stablecoin Rules as Institutions Evaluate RLUSD
Stablecoin licenses carry different reserve and oversight requirements, Ripple emphasized as it outlined RLUSD’s regulatory struct...
Banks escalate stablecoin rewards fight as Senate prepares for a Clarity Act vote
Eight banking groups on Monday said they want tighter limits on stablecoin rewards, keeping the ongoing banks-versus-crypto disput...