Techmeme: Crypto stocks jump after lawmakers struck a compromise on the CLARITY Act to preserve stablecoin rewards under certain conditions; Circle's stock closed up ~20% (Tanaya Macheel/CNBC)
By Tanaya Macheel / CNBC. View the full context on Techmeme.
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Techmeme: A look at the clash between Coinbase and Wall Street over the Clarity Act and whether crypto exchanges can offer stablecoin “rewards” (Wall Street Journal)
https://www.techmeme.com/260130/p27 Techmeme: Marvell stock jumps 20%+ after the chip company reported Q4 revenue up 22% YoY to $2.2B and issued strong guidance citing growing AI demand (Lola Murti/CNBC)
https://www.techmeme.com/260306/p16 Techmeme: Cadence shares closed up 7.6% on Wednesday after the chip design company reported Q4 revenue up ~6% to $1.44B and adjusted EPS of $1.99, both above estimates (Lora Kolodny/CNBC)
https://www.techmeme.com/260218/p58 Techmeme: Circle shares fell as much as 18%, and Coinbase dropped about 8%, after a draft of the US Clarity Act raised the prospect of strict limits on stablecoin yield (CoinDesk)
https://www.techmeme.com/260324/p30 Techmeme: Oracle expands its partnership with fuel cell maker Bloom to procure up to 2.8 GW of capacity, after receiving a warrant to purchase $400M of Bloom stock (Jordan Novet/CNBC)
https://www.techmeme.com/260413/p33 Techmeme: The US FDIC proposes a rule to establish a regulatory framework for stablecoin issuers, including requirements related to reserve assets, under the GENIUS Act (Sarah Wynn/The Block)
https://www.techmeme.com/260407/p52