Stablecoins remain a digital asset market structure legislative tripwire, with the U.S. Treasury Secretary casting thinly veiled threats/insults at the nihilists running America’s largest ‘crypto’ exchange.

Congress is on a weeklong break, but behind-the-scenes negotiations continue on how to proceed with digital asset market structure legislation. But only one of the major sticking points preventing advancement of the Senate Banking Committee’s CLARITY Act appears…