US Congress to Resume Crypto Market Structure Bill Discussions

The US Congress is preparing to resume discussions on the CLARITY crypto market structure bill this month, following a missed deadline set by the White House on March 1 for agreement on stablecoin rewards. According to NS3.AI, significant disagreements persist between the banking sector and the crypto industry. The banking sector advocates for a ban on interest-like rewards on crypto deposits, while the crypto industry supports the right to earn profits from rewards and staking. The Senate Banking Committee is anticipated to continue reviewing the bill by mid-March.