The U.S. Senate Banking Committee is reportedly engaging with the crypto industry regarding potential adjustments to stablecoin yield regulations. Traditional financial entities are advocating for changes, which are gaining bipartisan support in ongoing market structure bill negotiations. Senator Angela Alsobrooks has proposed limiting yield applicability to 'transaction scenarios' rather than 'deposit balances,' a suggestion deemed feasible by some stakeholders.
U.S. Senate Considers Stablecoin Yield Rule Adjustments
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