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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 (CoinDesk) from Techmeme RSS feed.
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 (CoinDesk)
CoinDesk:
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: