US Senator Says Key Issue Blocking Crypto Bill Has Been Resolved

In a Bloomberg interview, U.S. Senator Angela Alsobrooks said the “stablecoin yield issue” that had been slowing progress on crypto market structure legislation has now been resolved. She noted that this breakthrough removes a major sticking point that had been holding up negotiations.

With that hurdle cleared, she said she is now more confident the bill can move forward and may have a realistic chance of passing in the near future.

Source: Bloomberg