The CLARITY Act is moving closer to a Senate Banking Committee markup, and the tradeoff may be a hard squeeze on stablecoin yield. Washington may finally be inching toward a real crypto market structure bill, but it looks increasingly willing to kneecap the “earn” features that let exchanges and brokers hand out bank-like returns without […]
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Washington may finally be getting serious about crypto market structure, and a bipartisan stablecoin compromise has pushed the Clarity Act back into the game. The bill now has a realistic path to the Senate, with supporters even talking about a signature before July 4. Bipartisan breakthrough: Stablecoin yield deal clears the biggest roadblock Fast-moving timeline: […]
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Brian Armstrong just gave the Senate a blunt nudge to move the CLARITY Act forward after lawmakers struck a compromise on stablecoin yield rules. The deal removes a major roadblock, but the bill still has a long congressional obstacle course ahead. Armstrong’s message: “Mark it up.” Stablecoin yield compromise: no bank-like interest, but real usage […]
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The CLARITY Act has entered the kind of Senate knife-fight that usually decides whether crypto gets real rules or another pile of vague promises. This round centers on stablecoin yield, and Washington is once again pretending a few words in a draft bill aren’t a battle over who controls the financial rails. Stablecoin yield restrictions […]
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Coinbase says a revised rewards compromise in the CLARITY Act clears a major obstacle for the U.S. crypto market structure bill, shifting the fight back to the bigger question: who regulates digital assets, and under what rules? Coinbase backs the latest rewards language Stablecoin yield dispute appears resolved SEC vs. CFTC, staking, and capital formation […]
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U.S. senators have reportedly struck a compromise on stablecoin yield rules, a move that could finally give the Clarity Act and broader U.S. crypto market structure talks some badly needed oxygen. Section 404 compromise could restart stalled crypto legislation Deposit-like stablecoin yields would be blocked Platform rewards tied to real usage may still be allowed […]
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A new draft of the U.S. Digital Asset Market Clarity Act takes direct aim at passive stablecoin yield, blocking issuers from paying interest-like rewards simply for holding tokens while still allowing incentives tied to real user activity. Stablecoin yield ban advances in the Digital Asset Market Clarity Act Passive rewards could be blocked; bona fide […]
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The Senate’s latest CLARITY Act Update: Senate Makes Big Decision on Stablecoin Yield Rewards draft tightens U.S. stablecoin yield rules, restricting passive rewards while preserving activity-based crypto incentives. That’s a partial win for the industry, a partial loss for the banks, and a reminder that Washington’s favorite hobby is turning simple things into legal abstractions. […]
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US senators reach stablecoin yield deal ahead of CLARITY Act markup Senate negotiators have reportedly struck a deal on stablecoin yield ahead of the CLARITY Act markup, a move that could shape how digital dollars are used, marketed, and regulated in the United States. Stablecoin yield now sits at the center of the Senate’s crypto […]
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A White House official says the U.S. risks handing China a strategic advantage if Congress keeps stalling on comprehensive crypto regulation. In Washington, that warning is tangled up in the usual mess: lobbying, factional warfare, and a Senate process that moves like it’s powered by wet cardboard. Patrick Witt says crypto inaction could benefit the […]
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