The Digital Asset Market Clarity Act has hit another major hurdle in the U.S. Senate, raising uncertainty across the crypto market. The biggest conflict centers on stablecoin rewards, as banks push to ban yield payments while crypto firms argue they are essential for growth.
Recent revisions proposing a ban on interest-like rewards have intensified opposition, triggering declines in crypto-related stocks and weakening investor sentiment.
Political divisions, lobbying pressure, and upcoming elections are slowing progress, leaving the bill stuck despite earlier momentum.
For markets, this delay means continued regulatory uncertainty—often leading to volatility in Bitcoin and altcoins until clear rules are finalized.#CLARITYActHitAnotherRoadblock