GOP Majority Whip: GENIUS Act Needs CLARITY Act Framework
- —GOP whip called for passing GENIUS Act and CLARITY Act together
- —GENIUS Act covers payment stablecoins; CLARITY Act sets market structure
- —Without CLARITY Act, GENIUS Act's effectiveness is limited, he said
Why it matters: The pairing will determine when and how the US stablecoin and market-structure regime takes effect.
Source: Coinfomania