CLARITY Act Compromise Propels Digital Asset Shares Higher

Shares of digital asset-focused firms rose Monday (May 4) after lawmakers reached a compromise on the CLARITY Act crypto bill over the weekend, CNBC reported Monday. The shares making gains on Monday included 20% for Circle , 10% for BitGo , 7% for Coinbase and 4% for Galaxy Digital , according to the report. The lawmakers’ compromise would adjust the CLARITY Act to restrict crypto companies from paying interest or yield to users on passive stablecoin deposits but would allow them to offer rewar