BREAKING: Banks and crypto firms have privately agreed on a deal for the Bitcoin market structure bill.



An announcement is expected this week.

The CLARITY Act has been stuck since January over one dispute, whether crypto platforms can offer yield on stablecoins.

That fight appears to be over. Coinbase CLO Paul Grewal said on April 1 they were within 48 hours of a deal. Sources now say the compromise was finalized Friday. The Senate Banking Committee markup is expected in the second half of April.

If this holds, the most important piece of crypto legislation in U.S. history moves forward.
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