Crypto Firms Keep Stablecoin Rewards Under Senate Deal

Lawmakers have reportedly struck an important agreement on the way toward finalizing new cryptocurrency legislation. As Punchbowl News reported Friday (May 1), Sens. Thom Tillis , R-N.C., and Angela Alsobrooks , D-Md., have reached a compromise to restrict stablecoin yield and rewards, a key development as the Senate plans a crypto markup later this month.