2026-01-14 06:27:56

The U.S. Senate Banking Committee is about to review and amend the Crypto Market Structure Act, with over 130 amendments already received. These amendments cover a wide range of topics—some aim to completely ban the yield functions of stablecoins, some impose restrictions on public officials participating in crypto investments, and others seek to redefine the legal status of tools like mixers and roll-up services. Interestingly, members from both parties are actively involved, indicating that crypto regulation has indeed become a bipartisan concern. The key now is how these amendments will influence the final version of the bill—potentially directly determining the future trajectory of stablecoins and DeFi tools in the U.S. market.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
5
Repost
Share

Comment

0/400

SadMoneyMeow

· 6h ago

Another ban on stablecoin yields? These people are really getting more ruthless each time. 130 amendments piled up there, it seems the final compromise plan is inevitable, don't expect much. The day mixers are defined as illegal tools, privacy coins will take off. The two parties are united externally, but in reality, they are each doing their own thing. After this US approach, Asia's DeFi ecosystem might actually benefit.

View OriginalReply0

RektRecorder

· 6h ago

130 amendments, are they trying to kill stablecoins? Americans really know how to stir things up. Ban on earning yields, restrictions on public officials, redefinition of mixers... everyone wants a piece. If this bill passes, let's just sit back and watch the show. The two parties working together on crypto shows they really take this seriously, but what finally comes out is really hard to say. DeFi might really cool off in the US, but if the US cools down, there are other places. Right now, it's all about how the Senate will handle these 130 amendments. Feels like it's going to be a huge disappointment.

View OriginalReply0

FOMOSapien

· 6h ago

130 amendments? These people are really bored, banning stablecoin yields, restricting public officials from investing... It feels like they want to block our path from every angle. Instead of arguing with each other, it's better to come out with a reliable version sooner. Being left hanging like this is the most uncomfortable. This time DeFi is really on the line, praying it doesn't get messed up too badly. Both parties are eyeing this issue now, it seems that crypto has indeed become a hot topic. There are already 130 versions, and the final bill might be unrecognizable, but maybe all this fussing will actually help craft a relatively balanced outcome? These lawmakers are just here tinkering and patching, and how they ultimately define stablecoins and mixers is really a suspense.

View OriginalReply0

not_your_keys

· 6h ago

130 amendments... Just hearing about it gives me a headache. They want to ban stablecoin yields and restrict public officials from trading cryptocurrencies. It really feels like American politicians are panicking. Is there still hope for stablecoins? After all these changes, Both parties are busy blocking DeFi, I really can't keep up haha. Ultimately, it depends on how they decide to tinker at the end. Anyway, once US regulations come out, the whole world will be trembling. Are mixers being redefined? Basically, they want to ban privacy tools. How many of these amendments will actually pass? It all seems like just a show. The US really has the ambition to completely kill stablecoins. This is getting troublesome. With so many amendments counteracting each other, in the end, nothing might change. It's a showdown—politicians simply don't understand what DeFi is doing, so they start banning everything randomly.

View OriginalReply0

New_Ser_Ngmi

· 6h ago

130 amendments? How are they supposed to review this? It feels like they're sentencing stablecoins to death. The ban on yield functions is a bit harsh, but I think the restriction on public officials' investments makes sense. It's rare to see bipartisan agreement in the US, which shows they really take crypto seriously.

View OriginalReply0