US CLARITY Act Moves Closer To Law After Surprise Stablecoin Yield Update
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....
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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 […]
A U.S. Senator might unveil a “compromise draft” aimed at settling the crypto-stablecoin yield dispute in the forthcoming CLARITY Act. Another Update On The Crypto Legislation Republican U.S. Senator Thom Tillis (R-N.C.) claimed this Monday he aims to unveil a draft deal this week to break the stalemate over stablecoin yield between banks and crypto […]
US banking trade groups have called for an amendment to the stablecoin yield compromise in the highly anticipated CLARITY Act. This statement comes ahead of an expected markup on the crypto legislation next week. After months of negotiations, legislators, crypto industry players, and US banks reached an agreement on how to adopt stablecoin yield under […]
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 […]
A “big announcement” tied to US President Donald Trump’s Bitcoin reserve is expected within weeks, according to White House crypto advisor Patrick Witt, who made the statement at the Bitcoin Conference in Las Vegas earlier this week. Related Reading: US CLARITY Act Moves Closer To Law After Surprise Stablecoin Yield Update Bitcoin: Market Momentum, Not Messaging The timing of that potential announcement comes as Bitcoin sits well below the $100,000 mark — a level it has not touched since mid-November. The cryptocurrency dropped to a yearly low of $60,000 in February....