CLARITY Act Stalls in Senate Over Stablecoin Rewards, Political Ethics, and Regulatory Jurisdiction

The CLARITY Act has hit a roadblock in the U.S. Senate, but negotiations are ongoing to revive the legislation.

An XRP community member and software engineer, Vincent van Code, outlined five key issues holding up the bill in a recent post.

The main sticking points include stablecoin rewards, political ethics, regulatory jurisdiction, state consumer protections, and financial-crime compliance.

Van Code argues that both parties should accept compromises rather than wait for legislation that satisfies every demand.