Odaily Planet News: Cryptocurrency journalist Eleanor Terrett posted on the X platform stating that after the U.S. Senate canceled the hearing to review the CLARITY bill, industry participants, legislators, and staff are now assessing next steps. Some industry figures and staff from the banking committee believe that if relevant parties (banks, Coinbase, and Democrats) can reach an agreement on yield-related issues within the next few days, the bill could still move forward.
Regarding the tokenized securities issue (Section 505), it appears no longer to be a central obstacle, as tokenized companies believe Coinbase's objections are taken out of context. Stakeholders, including Coinbase CEO Brian Armstrong, are seeking significant revisions or even the complete removal of this provision. Additionally, discussions between the White House and the Senate are still ongoing. As for whether the Banking Committee's postponed meeting affects the Agriculture Committee's schedule, sources indicated that the order is not critical. If the Agriculture Committee can reach a bipartisan agreement, it might make the process in the Senate Banking Committee smoother. Previously, the House Agriculture Committee passed part of the Clarity Act in a 47-6 bipartisan vote, which later provided support for the House Financial Services Committee.