Here's what a CLARITY-free crypto market structure looks like

American Banker quoted Mayer Brown partner Matthew Bisanz on the implications of potential delays to the CLARITY Act, noting that the Office of the Comptroller of the Currency is likely to play a key role in addressing questions around stablecoin yield products. Matt said the legislation's overall impact on banking law may be limited, but its treatment of yield-related issues is significant for banks, which are seeking greater regulatory certainty as policymakers and regulators continue to shape the crypto market framework.