Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
U.S. banking representatives will review the draft of the CLARITY Act tomorrow, which aims to prohibit platforms from directly or indirectly providing returns
Crypto journalist Eleanor Terrett posted on the X platform that the latest CLARITY legislative draft may adopt a compromise approach, proposing to prohibit platforms from "directly or indirectly" providing yields for stablecoin holders or offering returns similar to bank deposit interest. This restriction will apply to exchanges, brokers, and other digital asset service providers and their affiliates, covering any mechanism that is economically or functionally equivalent to interest, but allowing reward models based on user behavior, such as loyalty, promotions, or subscription plans, provided they are not classified as "interest-like."
In addition, the draft also requires the U.S. Securities and Exchange Commission, the U.S. Commodity Futures Trading Commission, and the U.S. Department of the Treasury to jointly define compliant reward forms and establish anti-evasion rules within a year. It is reported that banking representatives are expected to review the draft tomorrow. Some industry insiders believe that this draft is stricter than the previous version discussed with the White House, with the "economic equivalence" standard being ambiguous, which may lead to stricter interpretations by regulators, increasing the difficulty of incentive design; however, there are also views that it generally meets expectations, retaining incentive mechanisms based on trading behavior while limiting the deposit-like attributes of stablecoins.
You may also like
A plunge of over 97% continues to unlock, yet WLD has completed $65 million in over-the-counter financing: who is still footing the bill?
Potential Bitcoin Crash Below $60K May Delay Recovery to 2027
Key Takeaways: Bitcoin’s deep drawdown phase may extend recovery to the second quarter of 2027. Historical data shows…
BTC USD Price Drops Below $67K Amid Rising Treasury Yields
Key Takeaways: BTC USD slumped to $66,300, its first drop below $67K since March 9, driven by macroeconomic…
Second Bill Targets Insider Trading in Prediction Markets
Key Takeaways: The Public Integrity in Financial Prediction Markets Act of 2026 prohibits government officials from using insider…
India Apprehends Key Figure in Myanmar Crypto Fraud Complex
Key Takeaways: India’s Central Bureau of Investigation (CBI) arrested a key player in a scam that trafficked Indian…
Bitcoin and Profit Metrics: Will History Repeat Itself?
Key Takeaways: Historical patterns reveal that when Bitcoin’s supply in profit falls below 50%, significant price rallies ensue.…
Bitcoin ‘Compression’ Outcome Could Propel BTC Towards $80K: An Analyst’s Perspective
Key Takeaways: Bitcoin’s price is testing a critical $71,500 level, hinting at a possible rally to $80,000. Traders…
Data Points to Accelerating Ether Supply Crunch: Will ETH Price Follow?
Key Takeaways: As of now, 33.1% of Ethereum’s circulating supply is staked, resulting in a tighter liquid supply.…
XRP Risk-Reward Improves as Whale Accumulation Surges: Will the Price Mirror This Trend?
Key Takeaways: XRP’s Sharpe Ratio turned positive on March 26, 2026, indicating a potential for returns outweighing associated…
Cryptocurrency Price Predictions for March 27: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, BCH, and LINK
Key Takeaways: Bitcoin is struggling to maintain its position above the $66,000 threshold, amplifying concerns of a further…
Bitcoin ETFs Face Capital Outflow as Market Treads with Caution
Key Takeaways: Bitcoin ETFs experienced a $296 million outflow, ending a four-week inflow run. Total net assets for…
Crypto Market Predictions: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, BCH, LINK
Key Takeaways: Bitcoin struggles at the $72,000 level as bulls aim for $80,000, while resistance remains strong. Ethereum…
Bitcoin Returns to $71K as Oil Prices Plummet with Trump Halting Iran Strikes
Key Takeaways: Bitcoin rallies 5% to surpass $71,000 following Trump’s delay of US military action against Iran. Liquidations…
Ether Taker Volume Reaches Three-Year Peak: Can ETH Sidestep a 19% Price Drop?
Key Takeaways: An Ether on-chain indicator has surged to its highest in over three years, signaling potential stabilization…
Bitcoin Spot Volumes Reach 2023 Lows While BTC Rallies Stay News-Driven
Key Takeaways: Bitcoin’s price surged to $71,600 during a US market open, but the rise lacked consistent spot…
Unifying Ethereum: Tackling Fragmentation and Embracing Onchain Trading
Key Takeaways: Ethereum developers propose a groundbreaking ‘Economic Zone’ to address fragmentation in layer-2 networks. Onchain commodity trading…
Lummis Affirms CLARITY Act as DeFi’s Strongest Shield Yet
Key Takeaways: The CLARITY Act is touted by Senator Cynthia Lummis as providing unparalleled protections for DeFi developers.…
US Probes Bitmain over Security Concerns Amidst Crypto Mining Dominance
Key Takeaways: US authorities have initiated “Operation Red Sunset” to investigate potential security threats posed by Bitmain’s Chinese-manufactured…
A plunge of over 97% continues to unlock, yet WLD has completed $65 million in over-the-counter financing: who is still footing the bill?
Potential Bitcoin Crash Below $60K May Delay Recovery to 2027
Key Takeaways: Bitcoin’s deep drawdown phase may extend recovery to the second quarter of 2027. Historical data shows…
BTC USD Price Drops Below $67K Amid Rising Treasury Yields
Key Takeaways: BTC USD slumped to $66,300, its first drop below $67K since March 9, driven by macroeconomic…
Second Bill Targets Insider Trading in Prediction Markets
Key Takeaways: The Public Integrity in Financial Prediction Markets Act of 2026 prohibits government officials from using insider…
India Apprehends Key Figure in Myanmar Crypto Fraud Complex
Key Takeaways: India’s Central Bureau of Investigation (CBI) arrested a key player in a scam that trafficked Indian…
Bitcoin and Profit Metrics: Will History Repeat Itself?
Key Takeaways: Historical patterns reveal that when Bitcoin’s supply in profit falls below 50%, significant price rallies ensue.…
App