US Senators Tom Tillis and Angela Olsbrooks have found common ground on the controversial issue of taxing tax revenue under the CLARITY Act. This is reported by Punchbowl News with reference to the final edition of the document. It follows that crypto companies are prohibited from paying customers interest or any other passive income for simply holding "stable coins" - essentially equating them to a bank deposit.

The restriction applies not only to the issuers of stablecoins, but also to intermediaries - including cryptoboilers. They are prohibited from paying a fee for tokens that are in inactive accounts. However, there is a relaxation in the document: income is allowed if it relates to "bona fide activities". In addition, regulators are tasked with preparing separate disclosure rules and a clear list of permitted ways to generate additional revenue.

Crypto industry representatives responded in different ways. Coinbase noted that the banking lobby had achieved a strict framework, but more importantly, Americans retained the right to reward for actual use of platforms. The head of Helius Labs wondered why investors were not allowed to earn risk-free income without intermediaries. Galaxy Digital experts believe that the publication of the text will speed up consideration of the law in the Senate Banking Committee - approximately after May 11, although they do not rule out active resistance from banks.