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The U.S. Senate is preparing to move forward with the law on digital asset market clarity, rights, privacy, and more in the committee in the second half of April.
The latest statements by Senator Cynthia Loomis point to the possibility of a text being issued in twenty days, which indicates that the negotiations have entered their final stage.
However, it seems that the law is moving towards الØÙ…Ø´ الربØÙŠ is fundamentally different About the previous drafts.
During the past month, the judges solved the most controversial issue: stable currency returns.
The latest settlement effectively prohibits negative returns on stable currency balances, taqra, tamabi on banking sector currency balances.
In contrast, the law is expected to allow limited compensation based on the activity covered by the payment or use of the platform.
This represents a clear change from the previous proposals that left room for the distribution of the first USD. The digital currency companies were driven to maintain profits as a primary incentive for the majority to maintain this position.
At the same time, lawmakers are moving to strengthen protection For decentralized finance (DeFi). The updated language is expected to clarify that the developers and protocols other than the nursery do not operate.
This addresses the industry’s concerns that previous drafts may impose obligations that pre-date software developers.
At the same time, the basic structure of the law remains in place. However, it creates a formal division between the Futures Trading Committee and the Securities Commission.
However, political pressure shapes the timetable. Senator Bernie Moreno warned that if the bill is not passed by May, the broader digital assets bill will not be passed until after the 2026 midterms.
As a result, legislators now balance speed and settlement. The clarity law may provide long-awaited regulatory clarity, but only after its most controversial features are removed.