TD Cowen: 'No Compromise Between Banks and Crypto Companies' as Clarity Act Faces Increased Risk of Passage

Little Time Left Before Senate Committee Deliberation

The Block reported on the 6th that Jaret Seiberg, Managing Director at Washington Research Group, a subsidiary of US investment bank TD Cowen, noted in a research note dated the same day that the issue of stablecoin yields has intensified, with no satisfactory resolution for both banks and major cryptocurrency platforms...