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#USStablecoinBill As of May 6, 2025, the U.S. Senate's GENIUS Act, aimed at regulating stablecoins, faces significant hurdles. Initially enjoying bipartisan support, the bill now sees opposition from nine Senate Democrats concerned about inadequate anti-money laundering measures and potential conflicts of interest, particularly involving the Trump family's crypto ventures . Despite passing the Senate Banking Committee with an 18–6 vote , the bill's future is uncertain. Senate Minority Leader Chuck Schumer has called for revisions to address these concerns . The outcome of this legislative effort will significantly influence the regulatory landscape for stablecoins in the U.S.(Yahoo Finance, Politico, Mayer Brown, Politico)👍
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#MarketPullback The crypto market is seeing a pullback after hitting recent highs, sparking debate among traders. Is this a healthy correction or a warning sign? For seasoned investors, dips often present strategic entry points—especially if fundamentals remain strong. However, caution is key: consider market sentiment, macroeconomic trends, and risk tolerance before making a move. This could be a golden opportunity for those eyeing long-term gains or a reminder to stay vigilant in volatile conditions. Always do your own research and manage risk wisely. Markets may be down today, but opportunity often hides in temporary red zones. Stay informed, stay smart.👍
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