Svmuu News: Tim Scott, Chairman of the U.S. Senate Banking Committee, had previously announced that a hearing on the Crypto Market Structure Act would be held on January 15, but negotiation documents indicate that consensus has not yet been reached on four key issues. The main points of disagreement include: 1. DeFi: There is a call for decentralized finance (DeFi) to be subject to the same level of oversight as federally regulated financial institutions, but the fundamental definition and related issues remain unresolved. 2. Stablecoin Yields: The GENIUS Act stipulates that stablecoin issuers cannot offer interest, but their affiliates may provide yields and customer reward programs. The banking sector believes this could threaten its core deposit business, while some Democrats hope to restrict crypto yields. 3. Ethics: A ban is required on senior U.S. government officials deriving personal benefits from crypto activities. 4. CFTC: The U.S. Commodity Futures Trading Commission (CFTC) will play a leading role in cryptocurrency regulation, but this must balance the bipartisan distribution of seats on the CFTC. (CoinDesk)