The U.S. Senate Banking Committee has postponed the review of the 'Clarity Act' to May, influenced by intense lobbying from the banking sector. The primary contention lies in the proposed restrictions on stablecoin yields, which banks fear could divert funds from traditional deposits to stablecoins. This has led to increased lobbying efforts against the draft legislation. In parallel, a $290 million attack on Kelp DAO has triggered liquidity strains across the DeFi sector, with significant fund withdrawals from protocols like Aave. This incident has intensified the regulatory debate surrounding decentralized finance.