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Policy
Crypto Sector Supports CLARITY Act's Yield Compromise, Urges Senate Banking Committee to Move Forward
None
May 2, 2026, 4:01 p.m.
Policy
Crypto Industry Supports CLARITY Act Compromise, Urges Senate Banking Committee to Move Forward
Within hours of US Senators Thom Tillis and Angela Alsobrooks releasing a compromise on stablecoin yield in the Digital Asset Market Clarity Act, crypto trade groups called for the Senate Banking Committee to proceed with a markup. The compromise text prohibits crypto firms from offering interest or yield on stablecoin balances in a manner similar to traditional bank deposits. However, it does al…
May 2, 2026, 4:01 p.m.
Policy
Crypto Industry Supports CLARITY Act Compromise, Urges Senate Banking Committee to Move Forward
Within hours of US Senators Thom Tillis and Angela Alsobrooks releasing a compromise text on stablecoin yield in the Digital Asset Market Clarity Act, crypto trade groups called for a markup of key market structure legislation. The text prohibits crypto firms from paying interest or yield on stablecoin balances in a manner equivalent to a bank deposit, while allowing rewards programs tied to genu…
May 2, 2026, 4:01 p.m.
Policy
Crypto Industry Supports Compromise on CLARITY Act, Urges Senate to Move Forward
Within hours of U.S. Senators Thom Tillis and Angela Alsobrooks releasing a compromise on stablecoin yield in the Digital Asset Market Clarity Act, cryptocurrency trade groups called for a markup of the key market structure legislation. The proposed text prohibits crypto firms from paying interest on stablecoin balances in a manner similar to bank deposits, while allowing rewards tied to genuine …
May 2, 2026, 4:01 p.m.
Policy
Crypto Industry Supports CLARITY Act Compromise on Yield, Urges Senate Banking Committee to Move Forward
Within hours of the release of a compromise text by US Senators Thom Tillis and Angela Alsobrooks on stablecoin yield in the Digital Asset Market Clarity Act, crypto trade groups called for the Senate Banking Committee to move forward with the markup of the key market structure legislation. The compromise text prohibits crypto firms from offering interest or yield on stablecoin balances in a mann…
May 2, 2026, 4:01 p.m.
Policy
Crypto Industry Supports CLARITY Act Compromise, Urges Senate Banking Committee to Move Forward
Within hours of the release of a compromise text by U.S. Senators Thom Tillis and Angela Alsobrooks on stablecoin yield in the Digital Asset Market Clarity Act, crypto trade groups called for a markup of key market structure legislation. The text prohibits crypto firms from paying interest or yield on stablecoin balances in a manner similar to a bank deposit, but carves out exceptions for rewards…
May 2, 2026, 4:01 p.m.
Policy
Cryptocurrency Industry Supports Compromise on CLARITY Act, Urges Senate Banking Committee to Move Forward
Following the release of a compromise text by U.S. Senators Thom Tillis and Angela Alsobrooks on stablecoin yield in the Digital Asset Market Clarity Act, crypto trade groups swiftly called for a markup of the key market structure legislation. The proposed text prohibits crypto firms from offering interest or yield on stablecoin balances in a manner similar to traditional bank deposits. However, …
May 2, 2026, 4:01 p.m.
Policy
Crypto Industry Supports Compromise on CLARITY Act, Urges Senate Banking Committee to Move Forward
Within hours of the release of a compromise text by US Senators Thom Tillis and Angela Alsobrooks on stablecoin yield in the Digital Asset Market Clarity Act, crypto trade groups called for a markup of key market structure legislation. The text prohibits crypto firms from paying interest or yield on stablecoin balances in a manner similar to bank deposits, but carves out rewards programs tied to …
May 2, 2026, 4:01 p.m.
Policy
Crypto Sector Supports CLARITY Act's Yield Compromise, Urges Senate Banking Committee to Move Forward
None
May 2, 2026, 4:01 p.m.
Policy
Crypto Industry Supports CLARITY Act Compromise, Urges Senate Banking Committee to Move Forward
Within hours of the release of a compromise text by U.S. Senators Thom Tillis and Angela Alsobrooks on stablecoin yield in the Digital Asset Market Clarity Act, crypto trade groups called for a markup of key market structure legislation. The proposed text prohibits crypto firms from offering interest or yield on stablecoin balances in a manner similar to bank deposits, while allowing rewards prog…
May 2, 2026, 4:01 p.m.