U.S. Senate to Release Revised Clarity Act with Stablecoin Earnings Limits

The U.S. Senate is anticipated to unveil a final revised version of the Clarity Act this week, which will include restrictions on interest-like earnings from stablecoins. According to NS3.AI, the draft will still permit activity-based rewards. Additionally, members of the Senate Banking Committee are set to address issues related to decentralized finance (DeFi) and token classification ahead of a hearing scheduled for late April.