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https://news.bitcoin.com/crypto-crunch-why-one-of-britains-biggest-banks-is-saying-no-to-digital-assets/8 Comments 0 Shares 391 Views 0 Reviews
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**U.S. Senate Advances Stablecoin Regulation (GENIUS Act)**
* The Senate is poised to pass the bipartisan **GENIUS Act**, introducing regulation and consumer protections for stablecoins. The bill prohibits Congress members and families—but not the President—from profiting via stablecoins, prompting criticism from Democrats over a loophole tied to former President Trump’s crypto investments ([theguardian.com][1], [apnews.com][2]).
* After Senate approval, it moves to the Republican-led House for further review.
**U.S. Senate Advances Stablecoin Regulation (GENIUS Act)** * The Senate is poised to pass the bipartisan **GENIUS Act**, introducing regulation and consumer protections for stablecoins. The bill prohibits Congress members and families—but not the President—from profiting via stablecoins, prompting criticism from Democrats over a loophole tied to former President Trump’s crypto investments ([theguardian.com][1], [apnews.com][2]). * After Senate approval, it moves to the Republican-led House for further review.6 Comments 0 Shares 128 Views 0 Reviews
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