Crypto界网消息,Coinbase Chief Legal Officer Paul Grewal posted on X platform stating that some current proposals regarding the CLARITY Act are unreasonable. Banks claim they need to prevent the so-called deposit outflow risk, but there is no evidence to support this risk. The real situation might be “transferring stablecoins from retail consumers’ pockets to the largest banks in the world.” Patrick Witt, Executive Director of the U.S. President’s Advisory Council on Digital Assets, also voiced that the CLARITY Act must maintain its legislative stance supporting innovation. Attempts to “hijack the legislative process” and turn the bill into an anti-competition law are “shameful.” The relevant legislation should continue to promote innovation in the digital asset industry rather than restrict market competition.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin