Home›Crypto›Regulation›Clarity Act advances, with Mizuho warning of potential…

Clarity Act advances, with Mizuho warning of potential long-term risk to Circle

The Clarity Act cleared another legislative step after Republicans released updated text for the bill.

Reported · Written up by our desk · Regulation

On Wednesday, the Clarity Act took another step closer to becoming law as Republicans released the latest version of the legislation, according to The Block.

Mizuho said the bill’s impact on Circle could be negative over the long term, framing the risk around how the proposed rules could affect the company’s business outlook.

The update keeps the bill on a path toward consideration, while the assessment suggests potential longer-range challenges for Circle as the regulatory process moves forward.

More like this

Sources