As of April 23, 2026, the CLARITY Act (Digital Asset Market Clarity Act, H.R. 3633), a major U.S. crypto market structure bill that passed the House in July 2025 with strong bipartisan support (294-134), is now facing new obstacles in the Senate. Senator Thom Tillis (R-NC) has asked Senate Banking Committee Chairman Tim Scott to postpone the committee markup until May. The main issue is the rules for stablecoin yields. The draft would ban interest earned just by holding stablecoins, aiming to protect traditional banks from losing deposits, but it would allow limited rewards based on activity, such as loyalty programs ... (full story)