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The Digital Chamber, a leading cryptocurrency advocacy group, has urged the US Congress to preserve yield-generating capabilities for payment stablecoins.
In its latest proposal, the group argued that current legislative drafts in the CLARITY Act threaten to outlaw the fundamental mechanics of DeFi.
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Digital Chamber Urges Congress to Preserve Stablecoin Yields
The group specifically petitioned lawmakers to retain the exemptions in Section 404 of the proposed CLARITY Act.
These provisions…
