Odaily Planet Daily News: U.S. Senate Banking Committee Chair Tim Scott previously announced that a hearing on the cryptocurrency market structure bill would be held on January 15. However, negotiation documents show that four key areas remain unresolved, with the main points of contention including:
1. DeFi: Requires regulation equivalent to that of U.S. federal financial regulatory agencies, but its fundamental definitions and issues remain unresolved.
2. Stablecoin Earnings: The GENIUS Act stipulates that stablecoin issuers cannot offer interest, but their affiliated companies can provide earnings and customer reward programs. The banking industry views this as a potential threat to their core deposit business, and some Democrats hope to restrict cryptocurrency earnings.
3. Ethical Standards: Require that senior U.S. government officials be prohibited from obtaining personal benefits from cryptocurrency activities.
4. CFTC: The U.S. Commodity Futures Trading Commission (CFTC) will play a leading role in regulating cryptocurrencies, but must balance the allocation of seats between the two major political parties in the U.S. (CoinDesk)