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French Hill says CLARITY Act could fix gaps left by GENIUS Act – TON BOT

French Hill says CLARITY Act could fix gaps left by GENIUS Act

French Hill, chair of the U.S. House Financial Services Committee, discussed the CLARITY Act as a potential solution to unresolved issues in the GENIUS Act. The legislation aims to provide equal rules for bank and nonbank stablecoin issuers, with bipartisan support in the House. Major banks have expressed concerns about potential competitive advantages for crypto firms under lighter regulation.


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