The legislation on the structure of the U.S. cryptocurrency market has been postponed, and there is little hope for the Senate Banking Committee to review it in April
According to The Block, Thom Tillis, a key negotiator for the U.S. Senate Banking Committee and a Republican senator from North Carolina, stated that the committee is unlikely to schedule a hearing to revise and vote on the cryptocurrency market structure bill within April.
The main disagreement in the current legislation centers on how to handle rewards for stablecoins. The existing draft proposes to prohibit rewards for idle stablecoin accounts but allows earnings from trading activities; banking representatives are concerned that such earnings will attract deposits away from traditional banks, while cryptocurrency companies argue that limiting rewards will hinder innovation. Tillis suggested that the committee postpone the review until May.
Previously, Senator Bernie Moreno warned that if the bill fails to pass before May, "digital asset legislation will not advance in the foreseeable future."
You may also like

Key Takeaways: Full Text of Google Chief Scientist Shanahan's Speech

SuperEx's Mars exploration dream: Digital currency is the key to unlocking economic exchanges in the interstellar era

Morning News | Michael Saylor stated that this week he bought bonds instead of Bitcoin; StablR was attacked and lost about 2.8 million dollars; the U.S. Congress is pushing the Bitcoin Reserve Act again

a16z: 7 Images to Understand How Tokenization Changes the Nature of Assets

The secret to Hyperliquid's success dismantled from the five-layer financial stack

After Futu Securities was banned, will buying stocks on-chain be the new remedy?
Why Crypto Traders Are Watching Gold and Nasdaq Again in 2026

Why have foreign exchange stablecoins never taken off?

AIDC, computing power leasing, and cloud: The "three-part thesis" of AI transformation in cryptocurrency mining farms

Futu has had all its illegal gains confiscated, reminding cryptocurrency exchanges

Football, Web3 & Champions' Energy: A Recap of WEEX's LALIGA VIP Meetup in Barcelona
Pizza, Poker & AI Trading: A Recap of WEEX Crypto Pizza Day in Dubai

Morning Report | SpaceX reveals it holds approximately $1.45 billion in Bitcoin; Nvidia's Q1 financial report shows revenue of $81.6 billion; Manus plans to raise $1 billion for buyback business

IOSG Founder: Please tell Vitalik the truth, let the OGs who have enjoyed the industry's dividends enlighten the young people

Insiders: DeepSeek is forming a Harness team to compete with Claude Code

The financial changes under the new SEC regulations: Opportunities and regulatory red lines behind "tokenized stocks"

SpaceX officially submitted its prospectus, unveiling the largest IPO in history







