Compromise Reached on U.S. Cryptocurrency Market Structure Bill, Limiting Stablecoin Yields

During the American Bankers Association (ABA) Summit held in Washington on October 10, Democratic Senator Angela Orsabrooks revealed that a compromise has been reached on the Cryptocurrency Market Structure Bill, known as the CLARITY Act. This compromise, crafted in collaboration with Republican Senator Tom Tillis, addresses the banking industry's primary concerns regarding stablecoin yield restrictions...