On Polymarket, the probability of the CLARITY Act being signed into law by 2026 has risen to 60%
According to BlockBeats, on May 2, data from Polymarket shows that the probability of the CLARITY Act being signed into law in 2026 has risen to 60%, up 14% from yesterday.
Previous reports indicated that the CLARITY Act's stablecoin yield rules have been finalized, stipulating that crypto companies must not pay customers “any form of interest or yield” solely for holding stablecoins, similar to bank deposits or any comparable interest-bearing products. However, crypto companies are permitted to offer rewards linked to “real activities.” With the new stablecoin yield provisions announced, the CLARITY Act may be one step closer to becoming law.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Microsoft (MSFT.US) Azure reportedly seeks a 20% cost reduction: intensifying AI costs and talent competition, with simultaneous restructuring of cloud leadership
According to reports, Microsoft (MSFT.US) Azure President Girish Bablani has asked senior leaders in his department to look for ways to reduce costs by at least 20%.
Oil and gas equipment manufacturer VME Companies (VME.US) sets IPO price at $4-$5 per share, plans to raise $18 million
VME Companies, a supplier of offshore oil and gas facility process modules and separation equipment, announced the terms of its IPO on Tuesday.
Wall Street veteran who warned of previous financial crises sounds the bubble alarm: US stock valuations, leverage, and positions are at their most extreme levels in 40 years of industry experience.
David Rosenberg has warned that this is the most tense market in his 40-year career.
Japanese stocks closed down 0.05%, marking five consecutive losses.
Crypto prices
More
