U.S. Clarity Act Faces Hurdles Over Stablecoin Rewards, Vote Postponed to May—Reports

Negotiations on the U.S. cryptocurrency market structure bill, known as the Clarity Act, have once again stalled, according to key negotiator Senator Thom Tillis. On April 20th, Tillis informed reporters that a public hearing aimed at voting on the bill would not be held in April. He mentioned that adjustments to the bill are ongoing and conveyed to Chairman Tim Scott his intention to aim for a session in May. This was reported by sources including Punchbowl News.