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💥Breaking! The fate of the US crypto bill is decided, see you on May 14!$BTC
Family members, the big news that has been on hold for several months has finally been confirmed—next Thursday (May 14) at 10:30 AM Eastern Time, the Senate Banking Committee will vote on the CLARITY Act, which is the first comprehensive regulatory framework for digital assets in the US.
Do you remember why things fell apart in January? At that time, giants like Coinbase strongly opposed the clause about “interest payments on stablecoins,” fearing it would upset the banking sector. Now, a compromise version has emerged: static stablecoins are not allowed to pay interest, but rewards based on user “active behavior” can be issued. With this change, Coinbase relaxed and supported it, but the banks are still criticizing the loopholes, and if not handled carefully, it could still drain deposits. There was also a side story where a female senator inserted a moral clause, prohibiting officials from regulating and profiting at the same time.
The path forward is clear: after passing this committee stage, it needs to be merged with the version from the Agriculture Committee to form a unified bill before it can go to a full Senate vote. Interestingly, market bets on its passage jumped from 20% to 60%, and the White House even hinted that they want to get it signed by the president before July 4th Independence Day.
#CLARITY法案推进受阻
After all the noise about regulatory vacuum, can it finally be swept into history? Do you think July 4th will witness this historic moment? Let’s discuss in the comments!👇