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Policy
New Clarity Act Text Allows Crypto Firms to Offer Stablecoin Rewards with Certain Conditions
A newly released section of the proposed Digital Asset Market Clarity Act reveals that stablecoin issuers will be restricted from offering yield based solely on holding stablecoin reserves, but can provide incentives for activities such as using their platforms and networks. The new text aims to strike a balance between the interests of traditional banks and the growing crypto industry, and is se…
May 1, 2026, 9:33 p.m.
Policy
New Clarity Act Text Permits Crypto Firms to Offer Stablecoin Rewards Under Certain Conditions
A newly released section of the proposed Digital Asset Market Clarity Act reveals that crypto firms will be prohibited from offering yield based solely on holding stablecoin reserves. However, the text allows for 'bona fide' transactions and activities to be rewarded, similar to incentives offered by financial institutions for credit card usage. The legislation aims to strike a balance between re…
May 1, 2026, 9:33 p.m.
Policy
New Legislation Allows Crypto Firms to Offer Stablecoin Rewards While Protecting Bank Yields
A newly proposed section of the Digital Asset Market Clarity Act, released on Friday, reveals that crypto firms will be barred from offering yield on stablecoins that is solely based on holding reserves. However, the legislation does allow for rewards tied to real participation on crypto platforms and networks. This compromise, reached by U.S. Senators Thom Tillis and Angela Alsobrooks, aims to p…
May 1, 2026, 9:33 p.m.
Policy
New Clarity Act Text Allows Crypto Firms to Offer Stablecoin Rewards with Certain Restrictions
A newly released agreement addresses the contentious issue of stablecoin yield in the crypto market structure legislation, introducing a ban on stablecoin issuers offering yield based solely on holding stablecoin reserves. The new text, part of the proposed Digital Asset Market Clarity Act, aims to protect traditional banking institutions by preventing stablecoin issuers from providing similar fi…
May 1, 2026, 9:33 p.m.
Policy
New Legislation Allows Crypto Firms to Offer Stablecoin Rewards While Protecting Bank Yields
A newly introduced legislative provision aims to regulate the stablecoin market by prohibiting the offering of yields based solely on holding stablecoin reserves. The proposed Digital Asset Market Clarity Act text, released on Friday, outlines a compromise between U.S. Senators Thom Tillis and Angela Alsobrooks, which would ban stablecoin issuers from providing yield-based services similar to tho…
May 1, 2026, 9:33 p.m.
Policy
New Clarity Act Text Enables Crypto Firms to Offer Stablecoin Rewards While Protecting Bank Yields
A newly proposed section of the Digital Asset Market Clarity Act, released on Friday, reveals that stablecoin yield will be prohibited unless it is based on actual transactions or activities. This approach is similar to previous discussions on the legislation. The compromise, reached by U.S. Senators Thom Tillis and Angela Alsobrooks, aims to prevent stablecoin issuers from offering yield solely …
May 1, 2026, 9:33 p.m.
Policy
New Legislation Allows Crypto Firms to Offer Stablecoin Rewards While Protecting Bank Yields
A newly introduced provision in the Digital Asset Market Clarity Act aims to regulate stablecoin yields, prohibiting issuers from offering returns based solely on holding stablecoin reserves. This move is expected to pave the way for a Senate Banking Committee hearing, advancing the legislation further. The compromise, reached by U.S. Senators Thom Tillis and Angela Alsobrooks, bans stablecoin is…
May 1, 2026, 9:33 p.m.
Policy
New Legislation Allows Crypto Firms to Offer Stablecoin Rewards with Certain Conditions
A recently introduced agreement has clarified the rules surrounding stablecoin yield, prohibiting crypto firms from offering rewards solely based on holding stablecoin reserves, but allowing incentives for genuine transactions and activities. The new text aims to strike a balance between the interests of crypto companies and traditional banks, while also providing regulatory clarity. According to…
May 1, 2026, 9:33 p.m.
Policy
New Clarity Act Text Allows Crypto Firms to Offer Stablecoin Rewards with Certain Conditions
A newly introduced section of the proposed Digital Asset Market Clarity Act, released on Friday, outlines a compromise that would bar stablecoin issuers from providing yield solely based on holding stablecoin reserves. This approach aims to preserve the strength of the American economy by preventing stablecoin issuers from offering services that may hinder depository institutions. The new text al…
May 1, 2026, 9:33 p.m.
Policy
New Clarity Act Text Allows Crypto Firms to Offer Rewards on Stablecoins While Protecting Bank Yields
A newly proposed section of the Digital Asset Market Clarity Act text, released on Friday, reveals that a compromise has been reached to ban stablecoin issuers from offering yield solely based on holding stablecoin reserves. The text asserts that depository institutions are crucial to the US economy and that stablecoin issuers offering similar services may hinder these institutions. This developm…
May 1, 2026, 9:33 p.m.