Senator Thom Tillis has proposed new CLARITY Act language that would allow federal banking regulators to intervene if stablecoin yields trigger systemwide deposit flight from US banks. According to a report from Punchbowl, the North Carolina Republican has suggested adding…News, Clarity Act, legislation, StablecoinRead More

You might also be interested in reading OpenAI to rehire Sam Altman as CEO with new initial board members.