Sen. Thom Tillis (R-NC), a key member of the Senate Banking Committee, has urged the Senate to schedule a vote on the Clarity Act, which would formally legalize large parts of the crypto industry in the US. However, there are ongoing disputes about key language in the legislation, including whether crypto companies should be allowed to offer rewards to customers on deposits of stablecoins. This conflict led to the withdrawal of support from the bill from crypto exchange Coinbase. Other major issues include potential ethics restrictions on President Donald Trump’s various crypto ventures and protections in the bill for software developers.