According to crypto journalist Eleanor Terrett, the progress of the U.S. cryptocurrency market structure bill mainly depends on Senator Thom Tillis's position. The White House has submitted the legislative text to Tillis's office, and both sides recently met to discuss what has been described as "moving in the right direction." The Digital Chamber CEO Cody Carbone expressed optimism about reaching a consensus on the stablecoin yield issue.
Even if Democrats do not vote in favor, the bill could still pass the Banking Committee along party lines, but Tillis's vote is crucial. Industry insiders noted that the stablecoin yield issue has dominated discussions, causing other issues like defi-119">decentralized finance to be sidelined. A crypto trading executive expressed "cautious optimism" about the Banking Committee rescheduling the review at the end of March.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.





























