Deep Tide TechFlow News, March 23rd. According to reports from "Crypto in America," cryptocurrency and banking industry representatives will head to Capitol Hill this week to review compromise legislation text reached by the Senate Banking Committee and the White House on stablecoin yields and rewards. The text remains strictly confidential, but is expected to include provisions prohibiting interest payments on idle balances. Senator Cynthia Lummis hinted that any product descriptions similar to bank deposit interest will not appear in the bill. If the Senate Banking Committee aims to complete review by April after the Easter recess, the time left for all parties to renegotiate has become extremely limited. Meanwhile, a stablecoin deposit outflow research report from the White House Council of Economic Advisers, reportedly favorable to the crypto industry, is expected to be publicly released in the near term.

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Gate.io518vip
· 03-23 15:07
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