CLARITY’s delay to test Wall Street’s $6.6 trillion stablecoin warning which is at odds with White House view

The CLARITY Act has stalled in Senate Banking deliberations, setting back an array of market rules that would solidify into law most of the pro-crypto stance that took hold in the President Donald Trump administration. Yet, Congress may have handed crypto markets an unexpected experiment. Galaxy Research puts the odds of enactment this year at roughly 50-50, possibly lower, with unresolved disputes over DeFi provisio…