On May 5, the American Bankers Association stated that the proposed provisions regarding stablecoin yields in the cryptocurrency bill known as the 'Clarity Act' do not adequately address the banking sector's concerns about the risk of deposit outflows, indicating that the banking industry remains dissatisfied with the bill. This statement was unexpected. Previously, cryptocurrency companies, including Coinbase, had claimed that this provision represented a compromise consensus between banks and the crypto industry. Following the rising expectations for the bill's passage, Coinbase's stock rose by 6% on Monday, while Circle's stock surged by 20%. (Dongxin News Agency)
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
American Bankers Association Claims Compromise on Stablecoin Yields Lacks Adequacy
-
Wechat scan to share
Recommended for you
-
Trump: I Made America $45 Billion in the Past 8 Months
On May 5, Trump posted a graph on social media showing the profit curve since his administration bought Intel (INTC.US) in August 2025, captioning it: 'I made America $45 billion in the past 8 months!' (Dongxin News Agency) -
BTC Surpasses $81,000
Market data shows that BTC has surpassed $81,000, currently priced at $81,062.55, with a 24-hour increase of 1.29%. The market is highly volatile, so please ensure proper risk management. -
US Bitcoin Spot ETF Sees $532 Million Net Inflow, Ethereum ETF Sees $6.13 Million Net Inflow
On May 5, according to Farside monitoring, the US Bitcoin spot ETF saw a net inflow of $532 million yesterday, including: BlackRock IBIT: +$335 million; Fidelity FBTC: +$184 million; Morgan Stanley MSBT: +$12.2 million. The US Ethereum spot ETF had a net inflow of $6.13 million yesterday, including: BlackRock ETHA: +$54.8 million; Fidelity FETH: +$6.5 million. -
-
Bitmine Stakes 192,816 ETH Again, Valued at Approximately $456.21 Million
On May 5, according to OnchainLens monitoring, Bitmine staked 192,816 ETH seven hours ago, valued at approximately $456.21 million. Currently, its total staked ETH has reached 4,555,573, valued at around $10.69 billion. -
Trump: Iran War May Last Another Two to Three Weeks
On May 5, U.S. President Trump stated that the Iran war may last another two to three weeks. (Jinshi) -
Musk Agrees to Pay $1.5 Million to Settle SEC Dispute Over Twitter Stock Disclosure
On May 5, market sources reported that Elon Musk has agreed to pay $1.5 million to settle allegations from the U.S. Securities and Exchange Commission (SEC) regarding his failure to properly disclose his increasing stake in Twitter in 2022. It is noted that Musk did not admit to the allegations. Previously, the SEC accused Musk of failing to timely disclose that his holdings had exceeded 5% during the acquisition of Twitter shares. -
Strategy takes Bitcoin buying breather ahead of Q1 earnings report
Michael Saylor signaled a “pause” on BTC buying ahead of Tuesday’s earnings report, with Wall Street expecting a loss for Q1.
-
Bitcoin climbs past $80K for the first time since January
Bitcoin soared as the MSCI AC Asia Index rose to a new high on Monday, an early indicator that investors viewed the weekend developments in a reasonably positive light.
-
US law firm attempts to block transfer of frozen ETH from Kelp exploit
Gerstein Harrow has filed similar cases in the past, arguing its clients have a claim to funds stolen by the DPRK and frozen by crypto firms.
Daily Must-Read
-
Share prices soar by nearly 20%! Circle leads the stablecoin boom, and the compromise plan of the Clarity Act ignites the crypto market
-
DeFi Security Guide: How to Build a Strong Defense against Hacker Attacks in the Age of AI?
-
From Tornado Cash to THORChain: The Great Migration of Hacker Money Laundering Routes, with Cross-Chain Behemoths Becoming the Ultimate Money Laundering Hubs
-
Bitwise analysis: STRC has become the core driver of BTC's rise. How long can this momentum last?
-
a16z assessment: Stablecoins have become the underlying infrastructure of global finance.
-
OG Agent: As Trading Enters the AI Era, How Can Individual Investors Regain Their Competitive Edge
All Comments