🇺🇸 US senators have reached an agreement with the White House on key provisions of future cryptocurrency market legislation. The main focus is on regulating the interaction between banks and crypto businesses, particularly the issues of stability of stablecoins within the CLARITY bill.

🤝 The agreements reached may unblock further consideration of the document, which has remained stagnant in the Senate Banking Committee since January.

🔎 The main contentious issue was whether cryptocurrency companies can pay income to stablecoin holders through various reward programs. The new version provides for a ban on paying income for the passive storage of such assets.

#ClarityAct #CryptoLaw #CryptoRegulation