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Why banks and offshore hubs like Dubai are winners of the Senate killing the Clarity Act

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Why banks and offshore hubs like Dubai are winners of the Senate killing the Clarity Act

One expert believes that the failure to pass the bill is a win for the banks that staunchly oppose stablecoin yields, while a global crypto lawyer believes overseas jurisdictions benefit.

Why banks and offshore hubs like Dubai are winners of the Senate killing the Clarity Act

Source：CoinDesk

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Source：https://www.coindesk.com/policy/2026/09/21/banks-overseas-crypto-hubs-gain-from-clarity-act-s-senate-defeat-critics-say