Why Banks and Offshore Centers Such as Dubai Benefit from the Senate's Rejection of the Clarity Act
The recent decision by the Senate to block the Clarity Act has sparked a wave of analysis among financial experts, regulators, and industry observers. While many had hoped the legislation would bring much‑needed transparency and consumer protection to the burgeoning stablecoin market, its defeat is being hailed by certain sectors as a strategic victory. In particular, traditional banking institut…
Sept. 21, 2026, 2:53 p.m.