The U.S. Senate Banking Committee originally planned to advance the review of the *Clarity Act* this month, but due to lobbying from the banking industry, the timeline may be pushed back to May. The main point of contention lies in the stablecoin yield restriction clause, with banking groups expressing dissatisfaction and ramping up lobbying efforts over concerns that funds might flow from deposits to stablecoins. Additionally, the approximately $290 million Kelp DAO attack has triggered a chain reaction, causing liquidity strain in DeFi. Protocols like Aave have seen large-scale capital outflows, further intensifying regulatory pressure. (Crypto in America) https://(wublock123.com)/news/senate-banking-committee-delays-clarity-act-after-banking-lobbying-59836