Just caught wind that the crypto market structure bill is getting delayed again - apparently they're still hashing out details on stablecoin yields this week. Was expecting it to drop sooner but I guess when you're trying to nail down market structure regulations, things move slower than you'd think.

The whole thing is kind of interesting from a market structure perspective. You've got different sides trying to compromise on how stablecoins should handle yield, which is basically foundational to how the entire market structure works going forward. Not exactly headline-grabbing stuff, but it actually matters for how crypto markets will be regulated long-term.

Anyone else following this? Curious if the delay changes how people are positioning themselves. These kinds of market structure decisions usually have ripple effects nobody sees coming until they're already live.