Crypto World News reports that U.S. Senator Tom Tillis said the latest progress on the Clear Act is ready to move into the hearing stage. The bill is intended to fully integrate the cryptocurrency industry into the U.S. financial system. Tillis noted that the bill has addressed many concerns raised by bank lobbyists. He said the committee chair will be encouraged to advance revisions to the bill, and a hearing is expected to be held in mid-May. Before the bill can pass, it faces multiple obstacles, including ethical requirements for stablecoin yields. Crypto industry insiders are optimistic about Tillis’s latest remarks, believing they will provide additional momentum for the bill’s progress.