The latest 278-page draft of the Cryptocurrency Market Structure Act released by the U.S. Senate proposes significant restrictions on passive stablecoin yields, which could benefit traditional banks. The draft explicitly states that companies cannot pay interest solely for holding stablecoins; rewards can only be earned through active participation such as staking or governance. Cryptocurrency advocate and Senator Cynthia Lummis described the bill as a milestone in innovation and consumer protection. The bill also clarifies token classification, placing assets like XRP and SOL on equal footing with BTC and ETH for ETF trading, sets boundaries for DeFi protocols, and protects the rights of non-controlling developers.

XRP1,64%
SOL0,63%
BTC1,99%
ETH2,62%
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