#Gate广场五月交易分享 U.S. Lawmakers Reach Compromise on Stablecoin Yields


After U.S. lawmakers reached an agreement on the contentious issue of yields, legislative breakthroughs in stablecoin regulation seem imminent. As part of the proposed "Clear Act," the compromise will prohibit cryptocurrency companies from offering interest that functions like bank deposits but will allow rewards related to genuine platform activities. This distinction addresses a key deadlock that has stalled progress for months. For the cryptocurrency industry, this development offers a potential pathway toward much-needed regulatory clarity in the U.S. While it sets boundaries on certain yield models, the allowance for utility-based incentives creates a feasible, regulated framework for stablecoin issuers and DeFi protocols, potentially unlocking more institutional investment.
Court Orders Block Recovery of Hacked Arbitrum Funds
A U.S. court has issued an injunction against Arbitrum DAO, preventing the recovery of 30,766 ETH (approximately $71.1 million) traced from a hack attributed to North Korea. The action was initiated by victims of North Korea-related attacks who previously received judgments, leading to legal conflicts between DeFi governance and the traditional court system over asset control.
ETH2.62%
ARB-0.42%
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