Stakeholders Mum on Yield Details as Late-April Markup Expectations Build
Chairman Tim Scott is expected to schedule a markup for the Clarity Act in late April as negotiations over stablecoins conclude.
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tl;dr
Stakeholders are reportedly nearing a compromise on stablecoin yield regulations within the 'Clarity Act.' A Senate Banking Committee markup is anticipated in late April as negotiators attempt to balance crypto industry rewards with traditional banking stability.
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TSTim ScottR-South Carolina
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