US Crypto Bill Moves Closer To Approval After Stablecoin Yield Text Unveiled
The US CLARITY Act, a legislative proposal that seeks to establish a regulatory framework for the crypto industry in the United States, has taken a major step toward becoming law. This comes after the surprise finalization of the new stablecoin yield provisions in the crypto market structure bill. Crypto Firms Not To Pay Bank-Like Interests […]
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In a closed-door meeting on Capitol Hill, crypto industry leaders reviewed the latest text of the long-awaited crypto market structure bill, which focused on key proposals to address the stablecoin yield and rewards dispute. Related Reading: SBF Legal Saga Continues: Prosecutors Question Authenticity Of FTX Founder’s Retrial Motion Letter Latest CLARITY Act Draft Says No […]
Prediction market traders on Polymarket put the odds of the CLARITY Act becoming law in 2026 at 55% — a jump of nine percentage points in a single day — after two US senators released final language settling one of the bill’s most contested disputes. Related Reading: Bitcoin’s Defenders Launch ‘Evidence Base’ In Battle Against FUD Banks Got Restrictions, Crypto Got Rewards The new text, published Friday by Senators Thom Tillis and Angela Alsobrooks, draws a clear line on stablecoin yields. No crypto firm may pay customers any form of interest simply for holding stablecoins — a....
The stablecoin yield dispute, the main issue delaying the crypto market structure bill, may be nearing resolution after a second round of meetings with Senate staffers, recent reports revealed, building expectations for a markup session by the end of the month. Related Reading: Think Your Crypto Is Liquid? Korea’s New Asset‑Matching Regime Says Think Again […]
Senators are poised to publish a revised draft of the CLARITY Act — the long‑anticipated crypto market structure bill — as early as this week, according to reporting from Eleanor Terrett of Crypto In America. The timing comes amid an Easter recess that runs through April 13, but Terrett’s sources say lawmakers intend to unveil […]
New Jersey has inched closer to implementing its own "BitLicense."