Genius Act
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cryptoSenator Tillis Pushes for May Vote on Crypto Clarity Act Amid Stalemate
Sen. Thom Tillis pushes for a Senate Banking Committee vote on the Clarity Act. Key disputes over stablecoin yield, ethics rules, and developer protections remain.
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cryptoDelaware Legislature Advances Stablecoin Regulation Bill
Delaware Senate passes Payment Stablecoins Act, mirroring federal standards. Bill moves to House, aiming for regulatory clarity for stablecoin issuers.
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cryptoMorgan Stanley Launches $10M Stablecoin Reserves Fund for Institutions
Morgan Stanley rolls out a new money market fund for stablecoin issuers, requiring a $10 million minimum investment, aligning with new US regulatory frameworks.
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financeMorgan Stanley Launches Fund for Stablecoin Reserves
Morgan Stanley Investment Management introduces a new money market fund designed to support stablecoin issuers in meeting regulatory reserve requirements.
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financeSenator Warren Challenges Elon Musk on X Money Financial Risks
Senator Elizabeth Warren raises concerns with Elon Musk regarding the proposed X Money payment feature, questioning its financial stability and potential risks to national security.
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financeBanks Hesitate on Stablecoins Amid Regulatory Uncertainty and Competition
Despite significant market growth, U.S. banks remain cautious about stablecoins due to deposit risks, regulatory shifts, and emerging competition, according to S&P Global.
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cryptoStablecoin Surge: $1.5 Quadrillion Flows Predicted by 2035
Blockchain analysis firm Chainalysis projects stablecoin flows to reach $1.5 quadrillion by 2035, potentially surpassing all global assets.
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financeUS Treasury Mandates Anti-Illicit Finance Measures for Stablecoin Issuers Under GENIUS Act
The US Treasury is implementing the GENIUS Act, requiring stablecoin issuers to establish robust AML/CFT programs and sanctions compliance, treating them as financial institutions.