Blockchain Association CEO: Clarity Act prohibits receiving payments solely for holding stablecoins
2026-08-06 11:37
Odaily Planet Daily News: Blockchain Association CEO and former CFTC Commissioner Summer Mersinger stated that the Clarity Act prohibits receiving payments solely for holding stablecoins, as well as projects that are economically or functionally equivalent to bank deposit interest, with penalties attached to related attempts.
She stated that an August 4 editorial on the Clarity Act acknowledged that the bill would end the regulatory gray area left by the previous administration, provide investors and banks with rules that future governments cannot arbitrarily discard, and open a path for innovations such as tokenized stocks and bonds.
She stated that an August 4 editorial on the Clarity Act acknowledged that the bill would end the regulatory gray area left by the previous administration, provide investors and banks with rules that future governments cannot arbitrarily discard, and open a path for innovations such as tokenized stocks and bonds.
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