Circle shares fell 20% as investors reacted to the latest version of a bill known as the Clarity Act. The proposed legislation could ban stablecoin issuers from paying yield to customers just for ...
Circle Internet Group (CRCL 0.35%), a leading stablecoin issuer, closed Tuesday at $101.17, down 20.1%. The stock, which is still up 27.6% year-to-date, declined after news that proposed crypto ...
Circle Internet Group (CRCL) stock dropped 19% as the company’s USDC stablecoin product faces restrictions under the proposed Clarity Act, which targets passive yield earnings. Coinbase Global (COIN) ...
Stablecoin issuer Circle's (CRCL) shares tumbled on Tuesday, after a draft version of U.S. stablecoin legislation raised concerns about limits on yield. The stock of the USDC issuer fell 20% on the ...