According to a recent report by Roll Call, US Senator Cynthia Lummis, an advocate for digital assets in Congress, is delaying the upcoming crypto market structure bill as the Senator is reluctant to revisit a provision from the recently passed GENIUS Act, which prohibits stablecoin issuers from offering interest payments.

Lawmakers Split Over Crypto Interest Provisions

Senator Lummis is said to be resisting pressures from both Republicans and Democrats to change the interest language in the stablecoin bill. The banking industry argues that this provision creates a loophole that allows crypto exchanges to offer rewards, effectively enabling them to pay interest.

Lummis shared her perspective with reporters, stating, “I’m of the opinion that we should leave the stablecoin bill alo

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