PANews reported on January 21 that Galaxy Digital CEO Mike Novogratz pointed out that the stablecoin yield mechanism in the U.S. Crypto Market Structure Act hasPANews reported on January 21 that Galaxy Digital CEO Mike Novogratz pointed out that the stablecoin yield mechanism in the U.S. Crypto Market Structure Act has
Galaxy Digital CEO: Banks blocking stablecoin yield terms could cripple crypto regulatory legislation.
PANews reported on January 21 that Galaxy Digital CEO Mike Novogratz pointed out that the stablecoin yield mechanism in the U.S. Crypto Market Structure Act has become a focal point of controversy. Traditional banks are unwilling to allow crypto platforms to offer rewards to users, and this political interference may ultimately cause the bill to stall. He criticized banks and bipartisan lawmakers who support their position, arguing that they will harm the interests of American consumers, and called for "rational voices to prevail." The bill originally aimed to clarify regulatory boundaries and give platforms legal operating space, but it is currently facing legislative difficulties due to disputes over the yield terms.
Market Opportunity
The AI Prophecy Price(ACT)
$0.02388
$0.02388$0.02388
USD
The AI Prophecy (ACT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Sumitomo Mitsui Plans JGB Portfolio Expansion Amid Yield Changes
Sumitomo Mitsui to expand its Japanese government bond holdings following a yield rout, impacting US Treasuries.Read more...
Share
Coinstats2026/01/21 13:42
Tariff Refunds: Why Businesses and Consumers Won’t See Immediate Price Drops
The post Tariff Refunds: Why Businesses and Consumers Won’t See Immediate Price Drops appeared on BitcoinEthereumNews.com. TLDR Importers face long delays for tariff
Share
BitcoinEthereumNews2026/01/21 14:16
Sumitomo Mitsui Financial Group plans to significantly increase its holdings of Japanese government bonds, which may affect the inflow of overseas funds into US Treasury bonds.
PANews reported on January 21 that, according to Bloomberg, Sumitomo Mitsui Financial Group, Japan's second-largest bank, plans to triple its holdings of Japanese
Share
PANews2026/01/21 13:46