Senate Bill Curbs Stablecoin Yield, Relaxes Rules for ETF-Linked Tokens
US lawmakers are scrutinizing the regulation of stablecoin rewards and the classification of digital tokens under federal law. A draft from the Senate Banking Committee seeks to clarify rules around stablecoin incentives and update disclosure requirements for tokens linked to exchange-traded products.
The MOVE reflects growing institutional interest in crypto assets, particularly those tied to traditional financial instruments. Stablecoins and ETF-linked tokens represent key battlegrounds for regulatory clarity as digital assets gain mainstream traction.