# Сопутствующие статьи по теме Legislation

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Legislation", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Why Must Banks Ban Stablecoin Yields?

The article explores why U.S. banks are strongly opposing interest-bearing stablecoins, despite claims that such assets could cause bank deposit outflows. It argues that funds flowing into stablecoins like USDC do not leave the banking system—instead, they are held as reserves in highly liquid assets like cash or Treasury bills, which eventually return to banks. The real concern for large banks is not the total volume of deposits, but a shift in deposit structure. U.S. megabanks rely heavily on low-cost transactional deposits (used for payments and transfers), which pay near-zero interest. These deposits allow banks to profit from the spread between the Fed funds rate and what they pay depositors, as well as from transaction fees. Interest-bearing stablecoins threaten this model. They offer similar transactional utility but also provide yield, incentivizing users to move funds out of traditional bank transactional accounts. While the money may return to the banking system, it would likely be placed in higher-yielding deposit accounts, increasing banks’ funding costs. Additionally, stablecoins could disrupt banks’ fee income from payment services. The core issue is profit redistribution: stablecoins—especially those offering yield—could reduce banks’ low-cost funding advantage and erode their transaction revenue, explaining the fierce opposition to interest-bearing models in proposed legislation like the CLARITY Act.

Odaily星球日报01/19 09:26

Odaily星球日报01/19 09:26

Crypto Rules Are Coming — And Moldova Is Following The EU

Moldova plans to introduce its first comprehensive cryptocurrency law by the end of 2026, closely mirroring the European Union’s Markets in Crypto-Assets (MiCA) regulations. The legislation will legalize crypto holding and trading but prohibit its use for everyday payments. It will require platforms to obtain licenses, enforce user protection and anti-money laundering measures, and clarify which firms can convert crypto to local currency. The government aims to reduce risks for savers while providing legal clarity for businesses. The drafting process involves multiple authorities and is seen as a cautious step toward financial openness and alignment with EU standards.

bitcoinist01/19 07:31

Crypto Rules Are Coming — And Moldova Is Following The EU

bitcoinist01/19 07:31

Scoop: White House Rift With Coinbase Puts Crypto Clarity Act On Shaky Ground

The White House is reportedly considering withdrawing its support for the Crypto Clarity Act due to a growing rift with Coinbase. The legislation aims to establish a clear regulatory framework for digital assets, defining oversight and operational rules for crypto companies. The dispute centers on stablecoin yield provisions and finding a compromise that satisfies both crypto firms and traditional banks, particularly community banks. Sources claim the White House was caught off guard by what it characterizes as a unilateral move by Coinbase, akin to a "rug pull," and officials have pushed back against the idea that a single company can speak for the entire industry. They emphasized the bill reflects President Trump's policy agenda. Coinbase CEO Brian Armstrong publicly denied the relationship has soured, stating negotiations with the administration have been constructive and that the company is actively working to find common ground with banks on yield-related issues. Despite this, the standoff places the future of the crucial legislation on shaky ground as both sides attempt to shape crypto regulation without fracturing industry support.

bitcoinist01/18 20:32

Scoop: White House Rift With Coinbase Puts Crypto Clarity Act On Shaky Ground

bitcoinist01/18 20:32

Bitcoin Adoption In West Virginia Sets A New Regional Benchmark

West Virginia is emerging as a regional leader in Bitcoin adoption, driven by growing public literacy and legislative support. The state introduced Senate Bill 143, the Inflation Protection Act of 2026, which permits the state treasury to allocate up to 10% of public funds into Bitcoin and certain precious metals. The bill specifically targets BTC due to its market capitalization requirements and aims to hedge against inflation. Institutional analysts project a bullish outlook for Bitcoin, with average 2026 price targets around $150,000. Long-term forecasts, such as VanEck’s estimate of $2.9 million by 2050, suggest sustained growth, though prediction markets remain more conservative. This legislative and economic momentum reflects a shift from speculative interest to broader acceptance of Bitcoin as a tool for financial resilience.

bitcoinist01/18 02:32

Bitcoin Adoption In West Virginia Sets A New Regional Benchmark

bitcoinist01/18 02:32

Bitcoin Slips to $95K While BlackRock Moves Billions in BTC and ETH From Coinbase

Bitcoin has declined to around $95,000 amid market sell-off. Meanwhile, BlackRock has moved significant amounts of cryptocurrency from Coinbase, withdrawing 12,658 BTC (approx. $1.21 billion) and 9,515 ETH (approx. $31.3 million) over the past three days. This follows similar large transfers last week ahead of a major options expiry, though the firm hasn't clarified if these are for selling or internal management. Despite net outflows in most U.S. spot Bitcoin ETFs, BlackRock's IBIT saw a $15 million inflow. The asset manager also recently purchased 6,647 BTC, bringing its estimated holdings to 781,000 BTC. Market sentiment remains cautious due to regulatory uncertainty.

TheNewsCrypto01/17 14:57

Bitcoin Slips to $95K While BlackRock Moves Billions in BTC and ETH From Coinbase

TheNewsCrypto01/17 14:57

South Korea Advances Tokenized Securities Framework Amid Crypto Regulation Push

South Korea's National Assembly has passed key amendments to the Capital Markets Act and Electronic Securities Act, establishing a legal framework for issuing and trading tokenized securities using distributed ledger technology. The new rules define tokenized securities as legitimate financial instruments, including debt and equity products, and permit their distribution through licensed intermediaries. The legislation, expected to take effect in January 2027, aims to enhance investment accessibility and information. This move is part of broader crypto regulatory efforts, including plans to allow Bitcoin ETFs this year, develop stablecoin rules, and lift the ban on institutional crypto trading with proposed investment limits.

bitcoinist01/17 13:01

South Korea Advances Tokenized Securities Framework Amid Crypto Regulation Push

bitcoinist01/17 13:01

CRYPTO Act Proposal: Unlicensed Operations In New York Could Lead To 15 Years In Prison

A new bill called the "CRYPTO Act" has been proposed in New York, aiming to impose stricter regulations on digital asset firms. Introduced by Manhattan District Attorney Alvin Bragg and State Senator Zellnor Myrie, the legislation would criminalize unlicensed cryptocurrency operations, including exchanging, trading, or transporting digital assets. Currently, such activities only face civil penalties. Under the proposed law, unlicensed operations could be classified as a felony, with penalties ranging from a misdemeanor to up to 15 years in prison for transactions exceeding $1 million annually. The bill aims to align state regulations with federal standards and combat money laundering and illicit activities facilitated by what Bragg described as a "shadow financial system." The push for stronger oversight coincides with concerns from federal lawmakers regarding the SEC's enforcement approach toward digital asset securities.

bitcoinist01/17 11:05

CRYPTO Act Proposal: Unlicensed Operations In New York Could Lead To 15 Years In Prison

bitcoinist01/17 11:05

Senate Judiciary flags DeFi oversight ‘gaps’ in U.S. crypto bill

The Senate Judiciary Committee, led by Chuck Grassley and Dick Durbin, has raised concerns about the CLARITY Act, a broader crypto market structure bill. They warn that exemptions in the bill could allow DeFi software developers to avoid financial licensing requirements for money-transmitting businesses, potentially weakening federal criminal code enforcement tools used by the Department of Justice. The Judiciary Committee argues it was not consulted on these changes and urged the Senate Banking Committee to reject the exemptions, citing risks such as enabling money laundering. In response, the Banking Committee defended the protections for developers, stating the provisions fall under its jurisdiction and aim to prevent unfair prosecution of those without control over funds or transactions. The bill faces further uncertainty after Coinbase withdrew support, and the White House reportedly warned the exchange to return to negotiations or risk losing backing. The future of the legislation remains unclear.

ambcrypto01/17 10:02

Senate Judiciary flags DeFi oversight ‘gaps’ in U.S. crypto bill

ambcrypto01/17 10:02

Ripple CEO Comments On Latest CPI Data – Here’s What He Said

Ripple CEO Brad Garlinghouse commented on the latest U.S. CPI data, which showed steady inflation at 2.7% YoY. He suggested that pro-crypto policies under the Trump administration may have contributed to a 3.5% reduction in financial services costs by improving accessibility. The in-line CPI data was positive for crypto, with Bitcoin surging past $97,000. The steady inflation also increased market expectations for potential Fed rate cuts this year. Additionally, Garlinghouse expressed optimism about the postponed CLARITY Act, viewing it as a step toward clearer crypto regulation and consumer protection.

bitcoinist01/17 01:12

Ripple CEO Comments On Latest CPI Data – Here’s What He Said

bitcoinist01/17 01:12

A 'Clarity Act': Why Has It Caused Such an Uproar in the Crypto World?

A historical perspective reveals that money has rarely been neutral—it inherently carries an expectation of return. From ancient Mesopotamia to modern banking, the principle that holding or lending money should yield compensation has persisted. Against this backdrop, stablecoins emerged, promising faster settlement, lower costs, and 24/7 availability within a borderless digital economy. However, the proposed U.S. CLARITY Act, combined with the already-passed GENIUS Act, seeks to prohibit stablecoin issuers from paying interest or rewards to holders, permitting only limited “activity-based rewards.” This has sparked intense opposition from both the crypto industry and banking sectors. Critics argue that the bill effectively reduces stablecoins to mere payment conduits rather than capital-optimizing assets, contradicting the historical function of money. Key concerns include unfair competition, as traditional banks can offer interest and rewards while stablecoin issuers are restricted. The bill also introduces ambiguities around decentralized finance (DeFi) and tokenized assets, potentially stifling innovation and pushing capital overseas. Prominent industry figures, including Coinbase CEO Brian Armstrong, have withdrawn support, stating they would prefer no legislation over a harmful one. The bill currently lacks sufficient congressional support, particularly from Democrats, and faces skepticism for reinforcing existing banking structures rather than fostering healthy competition. Ultimately, the debate highlights the challenge of regulating a form of money inherently designed for efficiency and competition, urging lawmakers to create rules that integrate rather than isolate digital assets.

比推01/17 00:08

A 'Clarity Act': Why Has It Caused Such an Uproar in the Crypto World?