Les règles de Crypto Clarity pourraient être retardées parce que le Congrès est en quelque sorte coincé dans une dispute sur le logement
Burns Brief
La majoration de la loi CLARITY a dépassé l'impasse sur le rendement stable des pièces de monnaie. Les participants au marché évaluent soigneusement les implications, le résultat dépendant probablement des conditions macroéconomiques et du volume plus larges. Surveillez la confirmation du volume : une cassure au-dessus du volume moyen indiquerait que la tendance est susceptible de se poursuivre.
The CLARITY Act's markup has moved past the stablecoin yield standoff to Sen. John Kennedy's housing frustration, unresolved protections for software developers, and the Republican vote math that Senate Banking Chair Tim Scott still needs to close. The Tillis-Alsobrooks compromise that broke the yield deadlock allows stablecoin rewards tied to platform usage and activity while banning passive yield on idle balances, keeping crypto firms from replicating high-yield savings accounts. Scott now needs to convert that policy win into a coalition one. He has said publicly that he wants “thirteen of thirteen Republicans” before moving to a bipartisan markup in May. Punchbowl reported that Kennedy is withholding support partly because of frustration with the White House over the 21st Century ROAD to Housing Act. Kennedy's Build Now Act cleared the Senate inside that package, the House passed its own version, and bicameral reconciliation is unfinished. His leverage over the CLARITY Act timeline is positional, as he holds a vote Scott needs, and his price is movement on housing that Scott cannot deliver unilaterally. Issue Where it stands now Who matters most Why it matters for markup Stablecoin yield Main deadlock eased by the Tillis-Alsobrooks compromise: rewards tied to usage/activity allowed, passive yield on idle balances barred Tillis, Alsobrooks, bank lobby, crypto firms Removes the most visible policy fight, but does not by itself secure a markup Kennedy housing frustration Still an active political complication tied to unfinished bicameral work on the ROAD to Housing Act / Build Now Act Sen. John Kennedy, House leadership, White House Kennedy holds a vote Scott needs, giving a non-crypto issue leverage over the crypto timeline Republican vote math Scott has said he wants all 13 Banking Republicans before moving to bipartisan markup Tim Scott and the 13 Senate Banking Republicans Full GOP unity makes markup easier and helps attract Democratic support later Software-de
Key Takeaways
- The CLARITY Act's markup has moved past the stablecoin yield standoff to Sen
- John Kennedy's housing frustration, unresolved protections for software developers, and the Republican vote math that Senate Banking Chair Tim Scott still needs to close
- Scott now needs to convert that policy win into a coalition one
- He has said publicly that he wants “thirteen of thirteen Republicans” before moving to a bipartisan markup in May
- Punchbowl reported that Kennedy is withholding support partly because of frustration with the White House over the 21st Century ROAD to Housing Act