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CLARITY Act moves toward markup with split treatment for DeFi and stablecoin yield – TON BOT

CLARITY Act moves toward markup with split treatment for DeFi and stablecoin yield

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The U.S. CLARITY Act, a crypto market structure bill, is moving towards Senate Banking Committee markup in April. It differentiates between SEC and CFTC jurisdiction for digital assets, protecting DeFi. The bill restricts stablecoin issuers from providing passive yield, aiming to regulate stablecoin activities and protect users. This contrasts with the GENIUS Act, which treats payment stablecoin issuers as financial institutions under AML rules. Washington seems willing to sacrifice risk-free yield for tighter stablecoin regulation.

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