$LRC
Heating UpSnapshot Window: 2026-07-07 23:30 UTC · ← Back to Crypto Overview
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Could the banking industry's continued lobbying efforts on stablecoin yield influence how senators vote on the Clarity Act? @AdrianWall8395 , Managing Director of @DSAForg and Senior Director of U.S. Policy at @trondao , thinks so: "You'd be naive to say that the finance [Spoken audio]: You think it has a material effect on the number of votes we might see in the Senate on the floor? Sadly, yes. The reason being the traditional finance industry is really entrenched, right? So I think it's going to be very hard for the senators to vote yes who had voted on clarity, who had voted yes on genius without at least taking it into consideration. You'd be naive to say that the finance industry doesn't have that sway, right, when it comes to how our legislators will vote, and not nefarious, we need clear market structure. We can discuss the content that will ultimately make it into the bill, but anything that's just in the way of progress isn't helpful.