Cryptobase (tilano43)

Cryptobase

ONLYBASE • BUILDING • BASEAPP https://zora.co/@luisao

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🗳️ Construye 🗳️ Prueba 🗳️ Interactúa con Dapps Sumergete en las posibilidades en IA de protocolos como @virtualsprotocol.eth o @bankronbase.base.eth SIMPLE, toca botones @grok baseposting

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A compromise has been reached between senators (such as Thom Tillis and Angela Alsobrooks), the White House, and the industry. Banks secured more restrictions on rewards, but the ability of crypto platforms to offer rewards based on actual usage of the platforms and networks (not equivalent to passive interest on bank deposits) is protected. The text includes a broad prohibition on rewards “economically or functionally equivalent” to interest on bank deposits and mandates regulators to develop new rules for stablecoins. The project had been stalled since January 2026 because Coinbase withdrew its support for a previous version. This led to the cancellation of a markup in the Senate Banking Committee. There were intense negotiations with banks (concerned about deposit flight) and support from figures like Trump. The current agreement resolves the main sticking point. This opens the door for the CLARITY Act to advance in the Senate.

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