Stablecoin Yields: New Rules in the Works
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Crypto industry stakeholders received a sneak peek of the proposed stablecoin yields language in the market structure bill on March 23rd and 24th. Senators Angela Alsobrooks and Thom Tillis announced an agreement in principle, but the text remains undisclosed. Concerns arise over potential new rules or yield caps, with industry groups preparing counterproposals. Senator Cynthia Lummis anticipates a markup hearing in April, despite Congresss upcoming Easter break.
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