Clarity Act Loses Clarity Over Trump’s UAE Crypto Deal

White House-led negotiations over the Clarity Act ended Monday without a deal, as the crypto industry and banking lobbyists failed to bridge their differences on stablecoin yields, and a newly revealed $500 million investment by a UAE official in President Donald Trump’s family crypto venture threatens to further complicate the bill’s prospects. The Clarity Act was designed to bring regulatory certainty to America’s crypto markets. Instead, it has become entangled in a conflict-of-interest controversy that could derail the administration’s top crypto priority—and reshape the future of digital finance in the process. The Yield Deadlock The meeting at the Eisenhower Executive Office Building, hosted by presidential crypto adviser Patrick Witt, brought together representatives from Coinbase, Circle, and Ripple, as well as banking trade groups source: https://beincrypto.com/clarity-act-loses-clarity-over-trumps-uae-crypto-deal/