The Clarity Act, originally scheduled for consideration in the week of April 27, may be postponed until May.

PANews reported on April 20th that, according to Crypto in America, the U.S. Senate Banking Committee is in a crucial week of negotiations regarding stablecoin legislation for the Clarity Act. The bill's review, originally scheduled for the week of April 27th, may be postponed to May due to lobbying from the banking industry. Banking lobbying groups, including the North Carolina Bankers Association, are focusing their pressure on Senator Thom Tillis's office to reassess the stablecoin yield restrictions in the current draft bill. The compromise reached between Tillis and Angela Alsobrooks, previously spearheaded by Tillis and Angela Alsobrooks, has only been shown to a small number of industry representatives, and the text has not yet been made public. Patrick Witt, executive director of the White House Crypto Council, stated on X that the continued lobbying by banks cannot be explained by motivations other than "profit-seeking or ignorance." Besides the yield provisions, the bill's ethical constraints and DeFi regulation still require further negotiation, and there remains uncertainty as to whether a formal review schedule can be established this week.

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