TechFlow reported on January 14 that, according to CoinDesk, U.S. senators have submitted over 130 amendments ahead of an upcoming legislative hearing on cryptocurrency market structure. The amendments cover a wide range of issues, including banning stablecoin yield, restricting public officials from profiting off crypto assets, and redefining digital asset mixers. The foundational bill text from the Banking Committee was released at midnight on Monday and will be discussed and voted on this Thursday. Some amendments have received bipartisan support, such as the proposal jointly introduced by Senators Tillis and Alsobrooks regarding modifications to stablecoin yield provisions.
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