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U.S. Senators Submit Over 130 Crypto Legislation Amendments Covering Stablecoin Yields and More
On January 14, according to CoinDesk, U.S. Senators have submitted over 130 amendments ahead of the upcoming legislative hearing on crypto market structure. These amendments cover a wide range of topics, including banning stablecoin yields, restricting public officials from profiting from crypto assets, and redefining digital asset mixers.
The foundational bill text from the Banking Committee was released at midnight on Monday and will be discussed and voted on this Thursday. Some amendments have bipartisan support, such as the modification jointly proposed by Senators Tillis and Alsobrooks regarding stablecoin yields.