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Clarity Act Talks Intensify as Banks Seek Final Revisions

Summary by Blockonomi
TLDR ABA CEO Rob Nichols said the banking lobby supports the Clarity Act but wants limited changes. Banks want lawmakers to address stablecoin rewards and their possible effect on local lending. Nichols said the requested changes cover only two paragraphs in the roughly 600-page bill. Senators are working to advance the Clarity Act before Congress begins its August recess. Coinbase withdrew support earlier after opposing proposed restrictions o…
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Taxpayers Protection Alliance broke the news on Wednesday, July 29, 2026.
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