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🚨NEW: COINBASE CPO URGES CAUTION AS CLARITY ACT FACES DELAYS
@Coinbase Chief Policy Officer, Faryar Shirzad (@faryarshirzad), has warned lawmakers as debate around the CLARITY Act intensifies.
The Coinbase CPO outlined a few things Congress should avoid.
He said regulation must not weaken the goals of the GENIUS Act.
That law aims to strengthen the U.S. dollar globally.
It also increases demand for U.S. Treasuries.
Shirzad warned poor policy could push crypto innovation overseas.
Lawmakers are now debating the broader CLARITY Act.
Stablecoin policy remains a central issue in Washington.
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