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Deep Tide TechFlow News, May 11 — According to Bloomberg, before a key committee of the U.S. Senate reviews a milestone digital asset bill, banking industry groups are making final amendments to a compromise plan related to stablecoin yields.
The compromise plan was pushed for by Republican Senator Thom Tillis and Democratic Senator Angela Alsobrooks earlier this month, with the adjustments aimed at advancing the long-sought legislation for the crypto industry and establishing clearer regulatory rules for the digital asset sector.