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Ripple CEO Warns: If CLARITY Act Markup Slips, Chances Fall ‘Precipitously’

Ripple CEO Warns: If CLARITY Act Markup Slips, Chances Fall ‘Precipitously’

AI Briefing

  • Ripple CEO warns CLARITY Act markup failure would be 'precipitously' bad for crypto market momentum
  • CLARITY Act draft aims to curb yield practices in crypto sector, but carve-out for incentives spurs debate
  • Major banks split on CLARITY Act yield compromise, some seeing it as too narrow
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