The US Senate could wipe out $6 billion in crypto rewards this week by closing one specific loophole
The GENIUS Act banned issuer-paid yield, but the Senate markup fight is whether exchanges can keep routing rewards around that restriction, and the answer could decide who controls $6 billion in annual incentives. Senate Banking is scheduled to consider the CLARITY Act on Jan. 15, and the legislative fight has narrowed to a single question […] The post The US Senate could wipe out $6 billion in crypto rewards this week by closing one specific loophole appeared first on CryptoSlate.
