Crypto news, according to The Coin Republic, North Carolina's blockchain lobbying group is urging the Senate Banking Committee to push for the review of the "Clear Act," arguing that inaction and delays in crypto regulation will lead to the loss of financial innovation. The group stated in a letter on April 24 that the bill is crucial for providing regulatory clarity and helping the state stay competitive in the rapidly growing digital asset sector. The letter mentioned that the Clear Act will keep financial innovation in the United States and countered concerns from the North Carolina Bankers Association about stablecoin products. The group emphasized that the Clear Act will also bring regulation to other parts of the digital asset space. Nevertheless, the future of the Clear Act remains uncertain, and Fox reporter Eleanor Terrett reported that the Senate's review could face further delays.

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