Regulatory delays add pressure to US banks

[bonk]

Regulatory uncertainty is compounding the risks banks face from digital assets. The delay of the US CLARITY Act, which aims to establish a comprehensive crypto framework, has highlighted how unprepared parts of the banking sector may be for accelerating stablecoin adoption.

The latest draft restricts stablecoin-related yield payments, a move that has already led some crypto firms to pull offerings. While Standard Chartered expects the bill to pass by early 2026, the delay underscores the risk that payments and deposits could gradually migrate away from traditional banks, particularly those heavily reliant on deposit-driven income.

[chainsniff]

delay on the clarirty act just proves banks aren’t ready for stablecoin adoption lol

[JanEmil]

Ofc we move away