TechFlow News, March 29: According to DLNews, Ripple CEO Brad Garlinghouse stated that negotiations over the Clarity Act “are not going smoothly,” yet stakeholders are closer than ever to reaching consensus. The core disagreement between cryptocurrency industry and banking representatives currently centers on whether stablecoins may pay interest to customers. Garlinghouse expects the bill to be finalized by the end of May and believes its enactment will drive deeper participation from major financial institutions in the cryptocurrency sector.
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