Coinbase CLO Bullish on Stablecoin Legislation Coinbase Chief Legal Officer Paul Grewal said at the Consensus conference that the Clarity Act will pass this summer. He backed the Tillis-Alsobrooks stablecoin compromise and urged banks to accept the deal framework.
Coinbase CLO Bullish on Stablecoin Legislation Coinbase Chief Legal Officer Grewal said at the Consensus conference that stablecoin legislation “will pass this summer.” He called for compromise on a stablecoin regulatory framework and urged industry participants to work constructively with regulators to advance the legislative process.
The Children’s Wellbeing and Schools Bill passes the Commons by 272 to 64 votes. The government commits to imposing age or functionality restrictions for under-16s, with specific measures to be determined after a consultation ending May 26.
The European Commission has published detailed implementation rules for the AI Act, the world’s first comprehensive AI regulatory framework, expected to take effect in July.