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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 the key market structure legislation. The compromise text prohibits crypto firms from offering interest or yield on stablecoin balances in a manner similar to traditional bank deposits, while allow…
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 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. Howeve…
May 2, 2026, 4:01 p.m.
Policy
Crypto Industry Supports Compromise on CLARITY Act, Urges Senate Banking Committee to Proceed with Markup
None
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, while exempting rewards programs tied to…
May 2, 2026, 4:01 p.m.
Policy
Crypto Industry Supports CLARITY Act Compromise on Yield, Urges Senate Banking Committee to Proceed with Markup
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, but carves out rewards programs tied to 'bon…
May 2, 2026, 4:01 p.m.
Policy
Crypto Industry 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 on Yield, 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 the key market structure legislation. The compromise text prohibits crypto firms from offering interest or yield on stablecoin balances in a manner similar to traditional bank deposits, but it do…
May 2, 2026, 4:01 p.m.
Policy
US Crypto Industry Supports CLARITY Act Compromise, Urges Senate Banking Committee to Advance Legislation
Following 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 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, while exemp…
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 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 the key market structure legislation. The compromise text prohibits crypto firms from offering interest or yield on stablecoin balances in a manner equivalent to traditional bank deposits, while …
May 2, 2026, 4:01 p.m.
Policy
Cryptocurrency Sector Supports CLARITY Act's Yield Compromise, Urges Senate Banking Committee to Move Forward
None
May 2, 2026, 4:01 p.m.