TechFlow News: On April 20, according to Crypto in America, due to sustained pressure from banking industry groups regarding provisions limiting stablecoin yield, the Senate Banking Committee’s markup session for the Clarity Act may be postponed from the end of April to the second week following the Senate’s return in May. Groups including the North Carolina Bankers Association are urging member banks to voice their opinions to Senator Thom Tillis’s office. The report also states that the crypto and banking industries have previously reached a compromise draft on relevant provisions, but provisions concerning ethics and DeFi remain subject to further coordination.
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