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ICBA Targets Clarity Act Stablecoin Reward Language in New Ad Campaign

2026-06-14 19:47:11

Abstract generation in progress

ICBA launched a new ad campaign warning about digital asset risks and targeting compromised Clarity Act language on stablecoin rewards. Banks say stablecoin rewards could draw deposits away from traditional banks, while crypto firms say restrictions would hamper innovation. The Senate Banking Committee advanced its version of the Clarity Act in May, and the bill would next need a full Senate floor vote.

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