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flag A bipartisan deal on the CLARITY Act bans yield on stablecoin balances to protect banks, with a Senate vote expected by mid-April.

flag A bipartisan deal has been reached on the CLARITY Act, targeting stablecoin regulation by banning yield on passive stablecoin balances to protect traditional banks from deposit flight. flag Led by Senators Thom Tillis and Angela Alsobrooks, the agreement aims to balance innovation with financial stability, with final details pending industry review. flag The White House supports the framework, which could lead to a Senate vote by mid-April, marking a major step toward federal crypto regulation.

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