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Clarity Act faces July 4 deadline as Ripple IPO comes into view

The White House has set July 4, U.S. Independence Day, as the target date for enacting the Clarity Act, with the Senate Banking Committee set to release amendments ahead of a May 14 markup. Stablecoin interest payments and conflict-of-interest provisions are key issues. In Korea, finance firms move to stake out stablecoins as legislation lags. Markets also react to a WHO hantavirus alert and renewed focus on a potential Ripple IPO and XRP outlook.