TechFlow News, May 11: According to Bloomberg, ahead of a pivotal Senate committee’s review of a landmark digital assets bill, banking industry groups are submitting final proposed revisions to a compromise on stablecoin yield. This compromise was brokered earlier this month by Republican Senator Thom Tillis and Democratic Senator Angela Alsobrooks. The proposed adjustments aim to advance long-sought legislation for the crypto industry and establish clearer regulatory rules for the digital assets sector.
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