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Crypto floats new compromises in bid to save contentious US bill
For weeks, crypto firms have been trying to win over skeptical banks to salvage a sweeping digital asset bill that could reshape a key part of the market. Now those crypto firms are offering new concessions related to the central area of dispute: stablecoins. Fresh proposals include giving community banks a bigger role in the stablecoin system — such as holding reserves or issuing tokens themselves through partnerships — according to people familiar with the talks who requested anonymity discussing private conversations. Although not all crypto companies are aligned on the ideas, the overtures are a sign that ... (full story)
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