CryptoBearishBlockonomi · 12h ago7/10
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Senate Bill Faces Delay Over Stablecoin Yield Debate
A Senate bill regulating stablecoin yield mechanisms faces legislative delays as the American Bankers Association disputes White House risk assessments and calls for further market study. Lawmakers have drafted a compromise proposal to restrict yield-like rewards on stablecoins, but the Senate Banking Committee has not yet scheduled hearings, despite calls from Senator Cynthia Lummis for urgent action.