Stablecoin Yield
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cryptoSenate Banking Committee Sets Key Crypto Hearing for Thursday
The Senate Banking Committee will mark up the Clarity Act on May 14, moving forward despite banking industry concerns and unresolved ethics issues.
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worldBanking Groups Push Back on Stablecoin Yield Compromise
Top US banking trade groups warn the proposed Clarity Act stablecoin rules contain loopholes for crypto firms, reigniting a key legislative battle.
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cryptoCrypto Industry Pushes Senate Banking for CLARITY Act Markup
Trade groups back stablecoin yield compromise in the CLARITY Act, urging Senate Banking to advance the bill despite industry concerns over broad prohibitions.
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cryptoCoinbase Exec Says Senate Crypto Bill Nears Deal
Coinbase's legal chief signals progress on the CLARITY Act amid stablecoin yield disputes stalling markup.
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cryptoBNY Mellon CEO: Banks to Lead Crypto Integration
Robin Vince, BNY Mellon CEO, asserts banks are essential bridges between traditional finance and digital assets, emphasizing regulation and trust as key growth drivers.
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cryptoSenate Draft Bans Stablecoin Yield on Balances, Allows Activity-Based Rewards
New Senate language in the Digital Asset Market Clarity Act prohibits interest-like rewards for holding stablecoins but permits incentives tied to user activity.
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cryptoWhite House, Lawmakers Near CLARITY Act Deal on Stablecoin Yields
Key senators secure agreement to ban stablecoin yield on passive balances, preventing bank deposit flight. Deal expected within days.
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cryptoSEC Chair Atkins: Crypto Interpretation Is a Beginning, Not an End
SEC Chair Paul Atkins clarifies new regulatory approach-excluding most crypto assets from securities laws, affirming only tokenized traditional securities fall under SEC jurisdiction.