The U.S. Senate Banking Committee originally planned to advance the review of the Clarity Act this month, but due to banking industry lobbying, the timeline may be delayed until May. The controversy centers on the profit restriction provisions for stablecoins, with banking groups concerned that funds are flowing from deposits into stablecoins, expressing dissatisfaction with the draft and increasing lobbying efforts. Additionally, the $290 million Kelp DAO attack triggered a chain reaction, leading to liquidity shortages in DeFi, with protocols like Aave experiencing large-scale fund outflows, further intensifying regulatory discussion pressures. (Crypto in America)

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