{"id":67574,"date":"2026-04-03T08:48:40","date_gmt":"2026-04-03T01:48:40","guid":{"rendered":"https:\/\/hbbgroup.net\/crypto-market-structure-bill-release-pushed-back-as-industries-view-revised-stablecoin-yield-compromise-this-week\/"},"modified":"2026-04-03T08:48:40","modified_gmt":"2026-04-03T01:48:40","slug":"crypto-market-structure-bill-release-pushed-back-as-industries-view-revised-stablecoin-yield-compromise-this-week","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/crypto-market-structure-bill-release-pushed-back-as-industries-view-revised-stablecoin-yield-compromise-this-week\/","title":{"rendered":"Crypto market structure bill release pushed back as industries view revised stablecoin yield compromise this week"},"content":{"rendered":"<div data-module-name=\"article-header\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<h2>Crypto and banking industry representatives are viewing revised stablecoin yield compromise language this week.<\/h2>\n<div>\n<p><span class> Abr 2, 2026, 10:12 p.m. <\/span><\/p>\n<p><a href=\"http:\/\/www.coindesk.com\/fil\/translation-statement\"><svg width=\"22\" height=\"22\" viewbox=\"0 0 24 24\" fill=\"none\"><g clip-path=\"url(#clip0_2_3602)\"><path d=\"M20 9V7C20 5.9 19.1 5 18 5H15C15 3.34 13.66 2 12 2C10.34 2 9 3.34 9 5H6C4.9 5 4 5.9 4 7V9C2.34 9 1 10.34 1 12C1 13.66 2.34 15 4 15V19C4 20.1 4.9 21 6 21H18C19.1 21 20 20.1 20 19V15C21.66 15 23 13.66 23 12C23 10.34 21.66 9 20 9ZM18 19H6V7H18V19ZM9 13C8.17 13 7.5 12.33 7.5 11.5C7.5 10.67 8.17 10 9 10C9.83 10 10.5 10.67 10.5 11.5C10.5 12.33 9.83 13 9 13ZM16.5 11.5C16.5 12.33 15.83 13 15 13C14.17 13 13.5 12.33 13.5 11.5C13.5 10.67 14.17 10 15 10C15.83 10 16.5 10.67 16.5 11.5ZM8 15H16V17H8V15Z\" fill=\"var(--text-subtle)\" \/><\/g><defs><clippath id=\"clip0_2_3602\"><rect width=\"24\" height=\"24\" fill=\"white\" \/><\/clippath><\/defs><\/svg>Isinalin ng AI<\/a><\/div>\n<p><a target=\"_blank\" href=\"https:\/\/www.google.com\/preferences\/source?q=coindesk.com\">Make <svg width=\"83\" height=\"16\" viewbox=\"0 0 83 16\" fill=\"none\"><path d=\"M23.575 11.1954C22.0743 11.1954 21.1445 9.85899 21.1445 8.00995C21.1445 6.17921 21.927 4.81531 23.5658 4.81531C24.643 4.81531 25.3519 5.50184 25.4808 6.40805H27.985C27.8561 5.28215 27.3497 4.29355 26.4659 3.63449C25.7478 3.08527 24.7535 2.74658 23.575 2.74658C20.5552 2.74658 18.5942 5.01669 18.5942 8.00995C18.5942 11.0215 20.6197 13.2275 23.5934 13.2275C25.0205 13.2275 26.0608 12.8339 26.8342 12.0833C27.5246 11.4243 27.985 10.5089 28.0494 9.51115H25.5452C25.4347 10.4906 24.6982 11.1954 23.575 11.1954Z\" fill=\"black\" \/><path d=\"M32.6693 5.61475C30.3493 5.61475 28.7933 7.26241 28.7933 9.43183C28.7933 11.6013 30.3493 13.2489 32.6693 13.2489C35.0078 13.2489 36.5361 11.6013 36.5361 9.43183C36.5361 7.26241 35.0078 5.61475 32.6693 5.61475ZM32.6601 11.6104C31.6566 11.6104 31.1318 10.7408 31.1318 9.43183C31.1318 8.12285 31.6566 7.23495 32.6601 7.23495C33.6636 7.23495 34.2068 8.12285 34.2068 9.43183C34.1976 10.7408 33.6636 11.6104 32.6601 11.6104Z\" fill=\"black\" \/><path d=\"M39.8159 4.8467C40.3084 4.35697 40.3084 3.56295 39.8159 3.07322C39.3233 2.58349 38.5247 2.58349 38.0321 3.07322C37.5396 3.56295 37.5396 4.35697 38.0321 4.8467C38.5247 5.33644 39.3233 5.33644 39.8159 4.8467Z\" fill=\"black\" \/><path d=\"M36.916 7.42587H37.8827V13.0188H40.1844V5.80566H36.916V7.42587Z\" fill=\"black\" \/><path d=\"M45.8468 5.59375C44.8432 5.59375 44.1435 6.01482 43.6096 6.79288H43.5635V5.80428H41.3447V13.0082H43.6556V9.02638C43.6556 8.13847 44.162 7.50687 44.9261 7.50687C45.681 7.50687 46.0585 8.02863 46.0585 8.78838V13.0082H48.3694V8.32155C48.3694 6.71965 47.4303 5.59375 45.8468 5.59375Z\" fill=\"black\" \/><path d=\"M53.782 2.95166H49.4641V13.0116H53.6255C54.896 13.0116 55.9179 12.6912 56.7097 12.0962C57.8421 11.2357 58.4682 9.81692 58.4682 8.04111C58.4682 4.96547 56.5808 2.95166 53.782 2.95166ZM53.4414 10.9245H51.9683V5.0387H53.469C55.0433 5.0387 55.9364 6.21952 55.9364 8.05026C55.9271 9.89015 55.0801 10.9245 53.4414 10.9245Z\" fill=\"black\" \/><path d=\"M65.3074 6.54647C64.6813 5.9881 63.8619 5.64941 62.8308 5.64941C60.6212 5.64941 59.1113 7.29708 59.1113 9.44819C59.1113 11.6268 60.5844 13.2744 62.9781 13.2744C63.8988 13.2744 64.6353 13.0364 65.2429 12.6154C65.8782 12.176 66.3017 11.5627 66.4582 10.9128H64.2118C64.0092 11.3613 63.6134 11.6268 63.0057 11.6268C62.0574 11.6268 61.5235 11.0226 61.3762 10.0523H66.5871C66.5963 8.57859 66.1728 7.33369 65.3074 6.54647ZM61.3854 8.67928C61.5419 7.81884 61.993 7.26962 62.8676 7.26962C63.6134 7.26962 64.1565 7.81884 64.2394 8.67928H61.3854Z\" fill=\"black\" \/><path d=\"M71.1366 8.50768C70.2159 8.34291 69.3966 8.26968 69.3966 7.76623C69.3966 7.3177 69.8385 7.10717 70.4001 7.10717C71.0353 7.10717 71.4772 7.30855 71.5601 7.94931H73.6868C73.5764 6.53048 72.4716 5.64258 70.4185 5.64258C68.7061 5.64258 67.2882 6.42979 67.2882 7.94931C67.2882 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fill=\"#FFD200\" \/><path d=\"M14.2674 14.6988C14.7826 14.6988 15.2003 14.2835 15.2003 13.7713C15.2003 13.259 14.7826 12.8438 14.2674 12.8438C13.7521 12.8438 13.3345 13.259 13.3345 13.7713C13.3345 14.2835 13.7521 14.6988 14.2674 14.6988Z\" fill=\"#FFD200\" \/><path d=\"M16.0842 2.29891C16.0106 1.28285 15.1912 0.459022 14.1693 0.385793C13.5156 0.340024 12.9264 0.587174 12.5121 1.00824C12.199 1.32862 11.7755 1.52085 11.3244 1.52085H11.1587C10.6984 1.52085 10.2656 1.32862 9.94342 0.999089C9.56595 0.614634 9.04117 0.385793 8.46115 0.385793C7.88114 0.385793 7.35636 0.623788 6.97889 0.999089C6.65666 1.32862 6.22395 1.52085 5.76362 1.52085H5.60711C5.15598 1.52085 4.72327 1.34693 4.41025 1.02655C4.3458 0.962475 4.28136 0.898399 4.21691 0.843477C3.43435 0.211873 2.28352 0.23018 1.52858 0.898399C0.617127 1.69477 0.580301 3.08613 1.42731 3.92827C1.43652 3.93742 1.44572 3.94657 1.45493 3.95573C1.78637 4.26695 1.96129 4.70633 1.96129 5.15486V5.31047C1.96129 5.76816 1.76795 6.19838 1.43651 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6.5096C4.03278 6.18923 3.83944 5.759 3.83944 5.30132V5.13655C3.83944 4.67887 4.03278 4.24864 4.35501 3.92827C4.36422 3.91911 4.36422 3.91911 4.37342 3.90996C4.38263 3.90081 4.38263 3.9008 4.39184 3.89165C4.71407 3.57127 5.14678 3.37905 5.60711 3.37905H5.77283C6.23316 3.37905 6.66587 3.57127 6.9881 3.90081C7.36557 4.28526 7.89035 4.5141 8.47036 4.5141C9.05038 4.5141 9.57516 4.27611 9.95263 3.90081C10.2749 3.57127 10.7076 3.37905 11.1679 3.37905H11.3152C11.7755 3.37905 12.2082 3.57127 12.5305 3.90081C12.9079 4.28526 13.4327 4.5141 14.0127 4.5141C15.2096 4.52326 16.1671 3.51635 16.0842 2.29891Z\" fill=\"#FFD200\" \/><\/svg> preferred on <svg width=\"51\" height=\"20\" viewbox=\"0 0 51 20\" fill=\"none\"><path d=\"M23.151 12.1893C23.151 14.3795 21.412 15.9934 19.278 15.9934C17.145 15.9934 15.406 14.3795 15.406 12.1893C15.406 9.98365 17.145 8.38525 19.278 8.38525C21.412 8.38525 23.151 9.98365 23.151 12.1893ZM21.456 12.1893C21.456 10.8207 20.448 9.88415 19.278 9.88415C18.109 9.88415 17.101 10.8207 17.101 12.1893C17.101 13.5442 18.109 14.4944 19.278 14.4944C20.448 14.4944 21.456 13.5425 21.456 12.1893Z\" fill=\"#EA4335\" \/><path d=\"M31.502 12.1893C31.502 14.3795 29.764 15.9934 27.63 15.9934C25.496 15.9934 23.758 14.3795 23.758 12.1893C23.758 9.9854 25.496 8.38525 27.63 8.38525C29.764 8.38525 31.502 9.98365 31.502 12.1893ZM29.807 12.1893C29.807 10.8207 28.799 9.88415 27.63 9.88415C26.461 9.88415 25.453 10.8207 25.453 12.1893C25.453 13.5442 26.461 14.4944 27.63 14.4944C28.799 14.4944 29.807 13.5425 29.807 12.1893Z\" fill=\"#FBBC05\" \/><path d=\"M39.509 8.6151V15.4446C39.509 18.2539 37.828 19.4013 35.841 19.4013C33.97 19.4013 32.844 18.1681 32.419 17.1597L33.895 16.5542C34.158 17.1734 34.802 17.904 35.839 17.904C37.111 17.904 37.899 17.1305 37.899 15.6744V15.1273H37.84C37.461 15.5886 36.73 15.9917 35.808 15.9917C33.878 15.9917 32.109 14.3349 32.109 12.203C32.109 10.0558 33.878 8.38525 35.808 8.38525C36.728 8.38525 37.459 8.78835 37.84 9.2359H37.899V8.6168H39.509V8.6151ZM38.019 12.203C38.019 10.8636 37.113 9.88415 35.959 9.88415C34.789 9.88415 33.81 10.8636 33.81 12.203C33.81 13.5288 34.789 14.4944 35.959 14.4944C37.113 14.4944 38.019 13.5288 38.019 12.203Z\" fill=\"#4285F4\" \/><path d=\"M42.169 4.61182V15.7599H40.516V4.61182H42.169Z\" fill=\"#34A853\" \/><path d=\"M48.61 13.4411L49.925 14.3055C49.501 14.9247 48.477 15.9914 46.709 15.9914C44.517 15.9914 42.879 14.3209 42.879 12.1874C42.879 9.9252 44.53 8.38325 46.52 8.38325C48.523 8.38325 49.503 9.9543 49.823 10.8033L49.999 11.2355L44.839 13.3416C45.234 14.1048 45.848 14.4942 46.709 14.4942C47.573 14.4942 48.171 14.0757 48.61 13.4411ZM44.56 12.0725L48.009 10.6609C47.82 10.1859 47.249 9.8548 46.577 9.8548C45.716 9.8548 44.517 10.6043 44.56 12.0725Z\" fill=\"#EA4335\" \/><path d=\"M9.149 11.1998V9.5859H14.668C14.722 9.8672 14.75 10.1999 14.75 10.5601C14.75 11.7709 14.414 13.2682 13.331 14.335C12.278 15.4155 10.933 15.9918 9.151 15.9918C5.848 15.9918 3.07 13.3402 3.07 10.085C3.07 6.8298 5.848 4.1782 9.151 4.1782C10.978 4.1782 12.28 4.8848 13.258 5.8058L12.103 6.9447C11.401 6.2964 10.451 5.7921 9.149 5.7921C6.737 5.7921 4.851 7.7079 4.851 10.085C4.851 12.4621 6.737 14.3779 9.149 14.3779C10.714 14.3779 11.605 13.7587 12.176 13.1962C12.639 12.74 12.943 12.0882 13.063 11.1981L9.149 11.1998Z\" fill=\"#4285F4\" \/><\/svg><\/a><\/p>\n<\/div>\n<div data-module-name=\"article-body\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>Representatives of the crypto and banking industries are meeting with legislative staffers on Thursday and Friday to review revised compromise language on stablecoin yield provisions in the market structure bill, three people familiar with the plans told CoinDesk.<\/p>\n<p>Industry representatives first viewed the compromise language, spearheaded by Senators Angela Alsobrooks (D-Md.) and Thom Tillis (R-N.C.), last week. At the time, the proposed compromise banned yield based solely on stablecoin balances, but did allow companies to pay out yield based on activities. The crypto industry had some issues with the language.<\/p>\n<p><a href=\"https:\/\/subscriber.politicopro.com\/article\/2026\/04\/crypto-firms-banks-set-to-review-revised-proposal-to-end-yield-standoff-00855213\" target=\"_blank\">Politico<\/a> first reported that the meetings were taking place earlier Thursday.<\/p>\n<p>The text was originally expected to be released this week, but that is now unlikely. <a href=\"https:\/\/www.cryptoinamerica.com\/p\/bitcoin-backed-muni-bond-gets-first\" target=\"_blank\">Crypto in America<\/a> first reported that the text release would be delayed on Wednesday.<\/p>\n<p>An individual familiar told CoinDesk earlier this week that portions of the language were still being negotiated. Another person told CoinDesk late last week that some of the crypto industry&#8217;s desired changes were largely <a href=\"http:\/\/www.coindesk.com\/policy\/2026\/03\/29\/no-one-is-100-happy-with-the-stablecoin-yield-agreement-state-of-crypto\">technical tweaks<\/a> to clarify details, rather than substantive changes around the treatment of yield.<\/p>\n<p>It was not clear as of press time what actual changes were made, or when the text may be released to the general public.<\/p>\n<p>Senator Cynthia Lummis (R-Wyo.) said last month that she expected a markup hearing \u2014 where lawmakers will debate the bill, possible amendments and vote on whether to advance the legislation to the full Senate \u2014 later in April. Under the Senate Banking Committee&#8217;s rules, the bill must be published at least 48 hours before the hearing.<\/p>\n<p>While stablecoin yield and rewards are the most prominent issues holding up passage of the market structure bill, other concerns remain outstanding. These include how exactly decentralized finance (DeFi) might be defined and regulated in the bill and whether it will address U.S. President Donald Trump&#8217;s family&#8217;s involvement with various crypto projects.<\/p>\n<\/div>\n<div data-module-name=\"promotional-article\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>Higit pang Para sa Iyo<\/p>\n<div><a href=\"http:\/\/www.coindesk.com\/research\/encryption-supremacy-zcash-and-privacy-in-the-age-of-scale\"><\/p>\n<figure><img loading=\"lazy\" alt=\"Encryption Supremacy - Zcash and Privacy in the Age of Scale\" width=\"1920\" height=\"1080\" decoding=\"async\" data-nimg=\"1\" src=\"http:\/\/www.coindesk.com\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F99ca9383b31a691939d862e5a8b73b6acb35de8b-1920x1080.png%3Fauto%3Dformat&#038;w=3840&#038;q=75\"><\/figure>\n<p><\/a><\/p>\n<p>Most crypto privacy models weaken as blockchain data grows. Encryption-based models like Zcash strengthen. CoinDesk Research maps the five privacy approaches and examines the widening gap.<\/p>\n<div>\n<p>Bakit ito mahalaga: <\/p>\n<p>As blockchain adoption scales, the metadata available to machine learning models scales with it. Obfuscation-based privacy approaches are structurally degrading as a result. This report provides a comprehensive comparison of all five major crypto privacy architectures and a framework for evaluating which models remain durable as AI capabilities improve.<\/p>\n<\/div>\n<p><a href=\"http:\/\/www.coindesk.com\/research\/encryption-supremacy-zcash-and-privacy-in-the-age-of-scale\">View Full Report<svg width=\"21\" height=\"21\" viewbox=\"0 0 21 21\" fill=\"none\"><mask id=\"mask0_2473_9121\" style=\"mask-type:alpha\" maskunits=\"userSpaceOnUse\" x=\"0\" y=\"0\" width=\"21\" height=\"21\"><rect x=\"0.5\" y=\"0.500366\" width=\"20\" height=\"20\" fill=\"var(--border-default)\" \/><\/mask><g mask=\"url(#mask0_2473_9121)\"><path d=\"M12.0385 15.2119L11.1602 14.3081L14.3429 11.1254H4.25V9.8754H14.3429L11.1602 6.69269L12.0385 5.78894L16.75 10.5004L12.0385 15.2119Z\" fill=\"var(--text-default)\" \/><\/g><\/svg><\/a><\/p>\n<\/div>\n<\/div>\n<div data-module-name=\"read-next\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>Higit pang Para sa Iyo<\/p>\n<div><a href=\"http:\/\/www.coindesk.com\/policy\/2026\/04\/02\/todd-blanche-author-of-doj-crypto-enforcement-memo-now-interim-ag\"><\/p>\n<figure><img loading=\"lazy\" alt=\"Acting Attorney General Todd Blanche (Anna Moneymaker\/Getty Images)\" width=\"1920\" height=\"1080\" decoding=\"async\" data-nimg=\"1\" src=\"http:\/\/www.coindesk.com\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F9531668508ae01b61e4837135a32d2fe51214a75-6000x4000.jpg%3Fauto%3Dformat&#038;w=3840&#038;q=75\"><\/figure>\n<p><\/a><\/p>\n<p>U.S. President Donald Trump named Todd Blanche, his former personal attorney and deputy attorney general, as the interim top prosecutor.<\/p>\n<div>\n<p>Ano ang dapat malaman: <\/p>\n<div>\n<ul>\n<li>President Donald Trump removed Attorney General Pam Bondi and named his deputy, Todd Blanche, to lead the U.S. Department of Justice.<\/li>\n<li>As deputy attorney general, Blanche dismantled the DOJ&#8217;s National Cryptocurrency Enforcement Team and ordered prosecutors to avoid pursuing regulatory violation cases in the crypto industry.<\/li>\n<li>Blanche held between $159,000&#8230;<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.coindesk.com\/policy\/2026\/04\/02\/todd-blanche-author-of-doj-crypto-enforcement-memo-now-interim-ag\">Basahin ang buong kwento<svg width=\"21\" height=\"21\" viewbox=\"0 0 21 21\" fill=\"none\"><mask id=\"mask0_2473_9121\" style=\"mask-type:alpha\" maskunits=\"userSpaceOnUse\" x=\"0\" y=\"0\" width=\"21\" height=\"21\"><rect x=\"0.5\" y=\"0.500366\" width=\"20\" height=\"20\" fill=\"var(--border-default)\" \/><\/mask><g mask=\"url(#mask0_2473_9121)\"><path d=\"M12.0385 15.2119L11.1602 14.3081L14.3429 11.1254H4.25V9.8754H14.3429L11.1602 6.69269L12.0385 5.78894L16.75 10.5004L12.0385 15.2119Z\" fill=\"var(--text-default)\" \/><\/g><\/svg><\/a><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Crypto and banking industry representatives are viewing revised stablecoin yield compromise language this week. Abr 2, 2026, 10:12 p.m. Isinalin [&hellip;]<\/p>","protected":false},"author":5,"featured_media":67575,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-67574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/67574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=67574"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/67574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/67575"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=67574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=67574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=67574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}