Senet dey rush finish CLARITY Act by Jan 13 as wahala over stablecoin moni dey delay the bill

Senet negotiators dey rush make dem finish di bipartisan CLARITY Act (Crypto-Asset Reporting, Liquidity, and Investor Transparency Act) before di procedural deadline wey na January 13. Di bill wey Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) sponsor go clear whether SEC or CFTC get jurisdiction, set federal rules for exchanges, custody services and stablecoin issuers, and replace di patchwork of state regulations. Di immediate wahala na stablecoin revenue: lawmakers dey argue how interest or yield wey reserves generate (like Treasury bills) suppose dey treated — whether revenue go belong to issuers, dem go share am with token holders, or dem go channel am to regulatory/public fund. Earlier reports still talk say another Senate committee postpone markup after dem no fit secure bipartisan votes, show say broad disagreement dey about DeFi treatment, stablecoin reward rules and how authority go split among regulators. If pass, e fit reduce legal uncertainty for exchanges, attract institutional capital, improve market liquidity and mandate clearer reserve reporting, segregation and custody standards. If dem no meet deadline, e go delay floor consideration and likely push votes go later 2025 and extend regulatory uncertainty. For traders: di stablecoin revenue decision na di key issue — if dem resolve am e fit boost institutional flows and liquidity; if delay continue or di bill weak, e go extend legal and operational uncertainty for market makers, custodians and exchanges.