Wu says that, according to Decrypt reporter @s\_lutz95, staff from the Senate Banking Committee have recently spoken with crypto industry figures, stating that traditional financial sector demands to adjust rules related to stablecoin "earnings" are gaining more support in bipartisan negotiations over the Market Structure Act. Among them, Senator Angela Alsobrooks proposed limiting the earnings scope to "trading scenarios" rather than "deposit balances," a plan considered feasible.
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Wu says that, according to Decrypt reporter @s\_lutz95, staff from the Senate Banking Committee have recently spoken with crypto industry figures, stating that traditional financial sector demands to adjust rules related to stablecoin "earnings" are gaining more support in bipartisan negotiations over the Market Structure Act. Among them, Senator Angela Alsobrooks proposed limiting the earnings scope to "trading scenarios" rather than "deposit balances," a plan considered feasible.