Stablecoin yield debate stalls congressional crypto bill progress

Stablecoin yield debate stalls congressional crypto bill progress – #CryptoUpdatesGNIT

The US Congress is closer than ever to defining federal rules for digital assets, yet the question of whether stablecoins can provide yield has slowed the process more than agency turf battles or token classification. Notably, the House has already advanced the Digital Asset Market Clarity Act, outlining a path for certain tokens to move from securities regulation to CFTC oversight. At the same time, the US Senate is shaping a parallel package t…

Stablecoin yield debate stalls congressional crypto bill progress

The post Stablecoin yield debate stalls congressional crypto bill progress appeared on BitcoinEthereumNews.com. The US Congress is closer than ever to defining federal rules for digital assets, yet the question of whether stablecoins can provide yield has slowed the process more than agency turf battles or token classification. Notably, the House has already advanced the Digital Asset Market Clarity Act, outlining a path for certain tokens to mo…

Crypto Bill Talks Stall as Senate Democrats Push Back on Stablecoin Yield Provisions

The crypto market structure bill appears to have hit a snag, as Senate Democrats have come forward with a counteroffer that includes provisions they want to include in the legislation. This development is likely to delay the crypto bill’s markup, which was expected this month. Senate Democrats Push Back On Stablecoin Provision In Crypto Bill The post Crypto Bill Talks Stall as Senate Democrats Push Back on Stablecoin Yield Provisions appeared fi…