"A major sticking point in pending U.S. crypto legislation may finally have been resolved after lawmakers reportedly reached a compromise regarding stablecoin yield provisions. The dispute centered on whether stablecoin issuers should be permitted to offer yield or rewards programs, an issue that had drawn sharp opposition from traditional banking interests concerned about deposit migration. The reported compromise could clear the path for broader market-structure legislation that the crypto industry has sought for years."
"Stablecoin regulation has become one of the central bottlenecks in U.S. crypto policymaking. If lawmakers can resolve this issue, it may unlock long-awaited federal legislation establishing clearer rules for exchanges, token issuers, and digital asset markets."
"A French heir to the Cartier fortune was sentenced to eight years in U.S. federal prison for laundering approximately $470 million through an unlicensed crypto exchange. Prosecutors described the operation as one of the"
Lawmakers reportedly reached a compromise on stablecoin yield provisions, addressing a major bottleneck in U.S. crypto policymaking. The dispute focused on whether stablecoin issuers could offer yield or rewards programs, with traditional banking interests opposing due to concerns about deposit migration. Resolving this issue could clear the way for broader federal market-structure legislation covering exchanges, token issuers, and digital asset markets. Enforcement actions and high-profile litigation continued to reshape the legal landscape. Crypto firms increasingly acquired regulated financial infrastructure rather than operating outside it. A major money laundering case in France resulted in an eight-year U.S. federal prison sentence for laundering about $470 million through an unlicensed crypto exchange.
Read at news.bitcoin.com
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