Update: Stablecoin Yield Fight Threatens U.S. Crypto Market Structure Bill

TLDR: Stablecoin yield rules now dominate crypto market structure negotiations in the U.S. Senate. Coinbase withdrew support after amendments restricted stablecoin reward programs earlier this year. Senator Thom Tillis now holds a key vote as Senate Republicans attempt to advance the bill. DeFi provisions remain unresolved while lawmakers focus on stablecoin reward language. The push [...]

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