TechFlow News: On February 14, according to CoinDesk, the U.S. Senate’s Cryptocurrency Market Structure Bill has reached an impasse over stablecoin yield issues. Bankers insist on a complete ban on stablecoin yields, arguing that such yields threaten bank deposit businesses. In response, the Digital Chamber released a principles paper today (February 14), stating its willingness to forgo interest on static stablecoin holdings but insisting on preserving reward mechanisms tied to liquidity provision and ecosystem participation—particularly within DeFi. The White House has urged both sides to reach a compromise by the end of this month and may schedule another round of talks as early as next week. Cody Carbone, CEO of the Digital Chamber, stated that if bankers refuse to negotiate, the status quo—where reward mechanisms remain in place—will persist.
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