bill is intended to establish comprehensive digital asset regulations in the U.S. and had already missed its original end-of-2025 target.
Crypto News
The latest draft text on stablecoin yield in the CLARITY Act will not be released this week, with Senator Thom Tillis (R-N.C.) citing a need for clarity on the timing of an upcoming Banking Committee markup before publishing the language. Politico reported the delay on Thursday.
A source familiar with the legislative discussions told The Block that the text remains under revision, with the legislative team continuing to meet with bank trade associations and crypto companies. The same source confirmed that the current draft retains prior language banning rewards on idle stablecoin balances…
