🚨 The White House has set a deadline of March 1st to advance the Crypto Market Structure Bill.
👉 The biggest decision:
No Yield / Reward for holding Stablecoin now.
👉 The Savings Account Model is nearly finished.
👉 Rewards are only possible if linked to Lending or specific activities.
👉 Power to implement bans on SEC, Treasury, CFTC.
Violation results in a $500,000 per day penalty.
👉 Fear among banks: deposits from stablecoins may decrease.
📌 Overall, this bill is considered positive for the crypto industry because:
• Clear rules will be established
• Institutional i
View Original