Republican senators are reportedly urging Patrick Witt, Executive Director of the White House Crypto Council, to release a classified study conducted by the Council of Economic Advisers regarding stablecoin yields. Lawmakers believe that making the findings public could help advance the stalled Digital Asset Market Clarity Act, which has been delayed since January. Sources familiar […]
Lawmakers in the United States are attempting to revive stalled legislation aimed at establishing a clearer regulatory framework for digital assets, as negotiations intensify over how stablecoin rewards should be handled. The Digital Asset Market Clarity Act has faced delays after strong lobbying from the banking industry, which warned that certain stablecoin yield mechanisms could […]
A newly surfaced draft of the U.S. crypto market structure bill is drawing attention from both digital asset and traditional markets, arriving as investors rotate toward perceived safe havens. The proposal, built around the Digital Asset Market Clarity Act, aims to establish clearer jurisdictional boundaries for cryptocurrencies, potentially shifting oversight of many digital assets toward […]
Draft legislation released by the U.S. Senate Banking Committee is reshaping how American banks may participate in digital asset markets, with a particular focus on stablecoins and trading activity. The proposed framework, titled the Digital Asset Market Clarity Act, mirrors language already approved in the House and is scheduled for markup later this month. Under […]
