Crypto Clarity Act inches toward Senate hearing as lawmakers weigh legislative trades

The White House may be reviewing fresh legislative text, and lawmakers are reportedly weighing offers to banks of other, unrelated provisions for their support. What to know : The crypto industry's top policy priority is still a work-in-progress, with another meeting of lawmakers today — Republicans from the Senate Banking Committee — and the circulation of updated Clarity Act language to the White House, sources said. The stablecoin yield question hasn't been entirely resolved, though those inside the negotiations say it's on the verge of a compromise. Meanwhile, the U.S. markets regulators have stepped forward to begin implementing crypto policy with a plan to eventually have a new law that backs it up.