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#GateSquareAprilPostingChallenge , #BTC
BREAKING NEWS: Banks and cryptocurrency companies have reached a specific agreement on the Bitcoin market structure bill.
An announcement is expected this week.
The Clarity Act has been stalled since January due to disagreements over whether crypto platforms can offer returns on stablecoins.
This battle appears to be over. Coinbase CLO Paul Grewal stated on April 1st that they were within 48 hours of reaching an agreement. Sources say the compromise was finalized on Friday. The Senate Banking Committee is expected to consider the bill in the second half of April.
A new era for crypto will begin once all the transactions are complete!!
All eyes are on the law.
What are your thoughts?
What will happen when the law passes?