Genius Act
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cryptoSenate Draft Bans Stablecoin Yield on Balances, Allows Activity-Based Rewards
New Senate language in the Digital Asset Market Clarity Act prohibits interest-like rewards for holding stablecoins but permits incentives tied to user activity.
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cryptoSEC Delivers Landmark Clarity on Crypto Regulation
The SEC unveils a new framework categorizing most crypto assets as non-securities, marking a pivotal shift in U.S. regulatory policy under President Trump's leadership.
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cryptoKraken Halts IPO Amid Market Downturn
Crypto exchange Kraken suspends its multibillion-dollar IPO plans due to unfavorable market conditions.
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cryptoTheo Secures $100M Facility for Gold-Linked Stablecoin
Tokenization platform Theo raises $100M for thUSD, a yield-bearing stablecoin linked to gold. The facility highlights growing interest in alternative yield sources.
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cryptoSenator Tim Scott Expects Stablecoin Yield Compromise This Week
Senate Banking Chair Tim Scott anticipates a bipartisan stablecoin yield compromise by week's end-potentially breaking the deadlock on the GENIUS Act and reshaping $230B stablecoin market dynamics.
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cryptoDeSantis Poised to Sign Florida Stablecoin Bill Amid CBDC Surveillance Concerns
Florida Governor Ron DeSantis, who banned CBDCs in 2023, may approve SB 314-a state-level stablecoin regulatory framework requiring $10,000+ transaction monitoring-raising questions about consistency with his 'Big Brother' warnings.
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financeStablecoins Could Inject Billions into US Banks, Not Drain Them
Expert Patrick Witt argues that yield-bearing stablecoins, compliant with the GENIUS Act, may attract new capital to the US banking system.
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cryptoTreasury Seeks Power for Crypto Platforms to Freeze Suspicious Funds
U.S. Treasury proposes a 'hold law' allowing crypto platforms to temporarily freeze suspicious digital assets, aiding law enforcement in combating illicit finance.