Deep潮 TechFlow News, January 16, According to reporter Eleanor Terrett, the U.S. Senate Banking Committee (Banking GOP) withdrew its review of the "Clear Act" nearly 24 hours ago, and industry insiders and lawmakers are actively seeking solutions. The main point of contention centers on the yield rates of stablecoins. If banks, Coinbase, and the Democrats can reach an agreement in the coming days, the bill is expected to be "revived." Article 505, which concerns tokenized securities, also faces controversy, but Coinbase CEO Brian Armstrong has expressed hope that the clause will be significantly amended or completely removed.
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Deep潮 TechFlow News, January 16, According to reporter Eleanor Terrett, the U.S. Senate Banking Committee (Banking GOP) withdrew its review of the "Clear Act" nearly 24 hours ago, and industry insiders and lawmakers are actively seeking solutions. The main point of contention centers on the yield rates of stablecoins. If banks, Coinbase, and the Democrats can reach an agreement in the coming days, the bill is expected to be "revived." Article 505, which concerns tokenized securities, also faces controversy, but Coinbase CEO Brian Armstrong has expressed hope that the clause will be significantly amended or completely removed.