CLARITY Deal Reached!🚨Yield Details Revealed?
About this episode
The episode discusses recent updates to crypto legislation affecting interest on stablecoin deposits and the implications for crypto companies and traditional banks.
On Friday, key language in the proposed crypto legislation was updated to restrict crypto companies from paying savings account-like interest or yield to users on passive stablecoin deposits – leaving that function to traditional banks. However, the bill does allow rewards as usage-driven incentives that could be tied to activity like trading, transactions or staking, as expected. ~This episode is sponsored by Tangem~ Tangem ➜ https://bit.ly/TangemPBN Use Code: "PBN" for Additional Discounts! 00:00 Intro 00:10 Sponsor: Tangem 00:40 Thilis and Alsobrooks finally 01:00 Odds skyrocket 01:30 Coinbase says banks won 01:45 Extending to Coinbase 02:15 Brian says mark it up 02:30 Treasury has power to police 04:30 Duration and tenure 05:40 Tim Scott/ETH responded 06:00 Grassley hurdle 06:40 What about ethics tho? 07:00 May 11th 07:45 The Perfect run 08:30 Gamestop CEO breaks CNBC hosts brains 11:15 Conference week #Crypto #bitcoin #ethereum ~CLARITY Deal Reached!🚨Yield Details Revealed?~ ⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺ Become a supporter of this podcast: https://www.spreaker.com/podcast/the-paul-barron-crypto-show--4747781/support . Join our…
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