7h ago
US senators and White House reach stablecoin yield compromise ahead of April vote
US lawmakers and White House officials agreed in principle on Friday to settle rules for yield on stablecoins, aiming to unblock broader crypto legislation in the Senate Banking Committee. The framework would still prohibit issuers from paying interest directly, while allowing platforms to offer regulated rewards tied to reserve-backed instruments, with caps linked to Treasury rates under discussion. The compromise is expected to be put into formal text before an April committee vote.
TUSD
TUSD-0.01%
7h ago
7h ago
Fidelity asks SEC for clearer broker-dealer rules on crypto custody and trading
Fidelity Investments urged the U.S. SEC to speed up rulemaking that would integrate crypto assets into existing market structures, with a focus on alternative trading systems. The firm said broker-dealers still need clearer guidance to offer, custody and trade crypto assets and to support crypto-security trading pairs. Fidelity also pressed for clearer standards for secondary trading of tokenized securities and for clarification on using blockchain for recordkeeping and on-chain settlement.
BTC
BTC-0.49%
7h ago
8h ago
Across Protocol's Mar. 22 temp check fuels debate over tokens vs. equity models
Across Protocol has floated a temperature check proposal dated Mar. 22 to move away from a token-and-DAO setup toward an equity-based corporate structure. Investors and analysts cited governance speed, partnership friction, and token designs that often lack direct claims on revenue as reasons more projects may weigh similar restructurings, while noting tokens can still fit some protocols.
BTC
BTC-0.49%
8h ago