**US CLARITY Act Could See New Developments This Week: Negotiations Near Conclusion, Stablecoin Yields Controversy Expected to Reach Consensus**

According to CoinDesk on March 20, negotiations on the US crypto market structure bill "CLARITY Act" have been ongoing for weeks and are currently at a critical "nearly finalized" stage.

According to insiders, updated legislative text was submitted to the White House for review on Thursday, and Republican members of the Senate Banking Committee held a special meeting that day to discuss how to bridge the final key differences.

This development marks that the long-standing controversy surrounding stablecoin yields in the cryptocurrency industry is finally approaching a breakthrough, and represents a crucial turning point in advancing the bill's objectives.

Although the banking industry and cryptocurrency enterprises previously had serious disagreements on the structure of stablecoin rewards programs, insiders indicate that this dispute is nearing resolution.

Despite making certain progress, two key demands put forward by Democrats could still become obstacles to the bill's final passage.

First, they insist on requiring a ban preventing government officials from profiting from personal crypto interests, a provision primarily targeted at Trump personally;

Second, Democrats also require that Democratic commissioners be appointed to fill vacant seats at the Commodity Futures Trading Commission (CFTC) before new rules are passed.

Both of these contentious points may require concessions from the White House, and cryptocurrency insiders believe these controversial points will be the final details settled by lawmakers in drafting the ultimate bill.

On the legislative advancement front, Senator Cynthia Lummis stated that Coinbase CEO Brian Armstrong has demonstrated a more flexible attitude in recent negotiations, a shift of significant importance.

Previously, Armstrong's opposition to early drafts had blocked Senate hearings. Now with his softened stance, this could clear key obstacles for the bill's advancement, indicating that all parties are working to achieve consensus.

Meanwhile, regulatory agencies are actively cooperating with the legislative process. The SEC released its first crypto asset classification definitions this week, providing a clearer framework for industry regulation.

This statement indicates that regulators are preparing for the new legal framework and are willing to work closely with the legislative branch to jointly promote healthy development of the US cryptocurrency market.

#CLARITYAct