Coinworld News reports that according to Wu Blockchain's tweet: The controversy over stablecoin "yields" in the U.S. has stalled the legislation of the CLARITY Act. The banking industry is concerned that yield incentives will impact deposit foundations, while crypto enterprises believe such incentives help competition. The White House proposal failed to gain banking support. If the bill cannot pass by late April to early May, the crypto market will rely more on regulatory guidance and interim rules.

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