A much-anticipated tentative agreement on stablecoin rewards has breathed new life into the stalled CLARITY Act.

However, industry experts are warning that the landmark cryptocurrency legislation still faces a ticking clock and a minefield of unresolved issues.

Last week, key lawmakers and the White House reached an “agreement in principle” to resolve the much-talked-about clash between traditional banks and the digital asset industry.

However, according to Alex Thorn, head of firmwide research at Galaxy Digital, the crypto industry should hold off on celebrating (at least for now).

Much-needed compromise

Since January, the CLARITY Act has been stalled in the Senate Banking Committee.

This was due to a standoff over stablecoin rewards…