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Wall Street's Digital Asset Push Persists Ahead of Senate Vote on Digital Asset Market Clarity Act

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The expansion of Wall Street's digital-asset activities is expected to continue even if the Digital Asset Market Clarity Act does not pass. A Senate vote on the bill is anticipated for Tuesday to clarify regulatory authority over digital assets.

NS3.AI notes ongoing disagreements over stablecoin rewards and whether such incentives could draw deposits away from traditional banks. The debate unfolds as lawmakers consider how to define regulatory oversight while financial firms continue to broaden their digital-asset businesses.

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