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Why Is Circle Stock Falling on Wednesday?
Circle Internet Group, Inc. (NYSE: CRCL) stock is trading lower on Wednesday as crypto equities react to the U.S. Senate blocking the CLARITY Act.
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Circle CEO Says CLARITY Talks Are ‘90%’ There: What Do Prediction Markets Say?
Circle CEO Jeremy Allaire says CLARITY talks are 90% complete, while Sen. Angela Alsobrooks says Republicans “wanted this to fail.”
Shares of crypto-linked stocks are trading lower amid a drop in Bitcoin as the sector continues to react to the U.S. Senate's vote against advancing the Clarity Act. The defeat delays a regulatory framework for the crypto industry.