🏦 The cryptocurrency CLARITY Act, passed by the US House of Representatives back in July of last year, has still not passed the Senate. The main obstacle is disagreement over the yield of stablecoins. Senate Banking Committee Chairman Tim Scott announced on March 17 that he expects the first concrete proposal on the controversial provision this week.
🗣️ "I expect the first proposal to be in my hands this week," Scott said at the DC Blockchain Summit in Washington. He believes that if this happens, work on the document will reach a whole new level.