The U.S. Senate Banking Committee has released a revised draft of its long awaited crypto market structure legislation, offering new clarity on stablecoin rewards while outlining protections for decentralized finance developers. The 278 page proposal reflects months of negotiations between lawmakers, regulators, banks, and the crypto industry, and is expected to be debated in a […]
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 […]
Coinbase is reassessing its support for a major US crypto market structure bill as debate intensifies around proposed restrictions on stablecoin rewards. The exchange has raised concerns ahead of an upcoming Senate markup, signaling that limits on rewards tied to dollar pegged tokens could undermine competition and innovation in the digital asset sector. Lawmakers are […]
Efforts to advance a long awaited U.S. crypto market structure bill are facing renewed uncertainty as election year dynamics begin to dominate the political calendar. Lawmakers involved in the negotiations warn that the traditional slowdown ahead of national elections could derail momentum just as talks reach a sensitive stage. The legislation is designed to create […]
