Lummis: Banks actively obstructing crypto legislation
2026-08-24 00:24:40
According to CoinMeta, Senator Lummis accused banks of actively obstructing the passage of the crypto legislation. Banks hoped to add amendments to the Genius Act stablecoin law to the Clarity Act before supporting the bill. They subsequently fired the lobbyists who were negotiating compromises and are now pushing for a re-examination of the legislation.
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