Crypto News, according to The Block, U.S. lawmakers have reached an agreement on stablecoin yield provisions, after disagreements over this clause had stalled the Clarity Act in the Senate for months. Senator Tom Tillis and Angela Alsobrooks have finalized a compromise text, where Section 404 states that crypto companies shall not offer interest or yields that are economically or functionally equivalent to bank deposits, but may provide activity incentives related to real platform usage. Coinbase CEO Brian Armstrong said that the Senate Banking Committee should be urged to review the bill as soon as possible. This development may create conditions to advance the previously long-stalled review process.

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