Many people reached out yesterday asking for my thoughts on this WSJ article. As I told them, I don’t find the “Wall Street” Journal regurgitating the talking points of “Wall Street” banks to be particularly newsworthy.
The article was not intended to be a serious piece of journalism, as evidenced by its myriad false claims which were easily disproven by many on this app.
The conservative WSJ Editorial Board just published a piece beating up the Clarity Act, writing that the crypto market structure bill “needs changes to reduce risks to the financial system”
At issue: stablecoin yield and illicit finance