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#USHouseMarketStructureDraft The U.S. Senate's push for stablecoin regulation faces new challenges. The GENIUS Act, designed to establish a federal framework for stablecoin issuers, is encountering bipartisan resistance. Nine Senate Democrats have withdrawn their support, citing concerns over anti-money laundering provisions and potential conflicts of interest linked to the Trump family's crypto ventures . Despite the bill's earlier bipartisan backing and passage through the Senate Banking Committee, these developments cast uncertainty over its future. The Senate aims to vote on the legislation before Memorial Day, but internal divisions may delay progress . As the debate continues, the crypto industry watches closely, recognizing the significant impact this legislation could have on the future of digital assets in the U.S.
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$SOL XRP News Today: Bearish Turn Amid Political Heat and Settlement Hopes; BTC at $94k XRP fell 1.27% as investors reacted to anti-crypto remarks and awaited a key SEC meeting on the Ripple appeal. Senator Warren’s renewed criticism of crypto weighed on XRP sentiment ahead of a potential stablecoin bill vote. President Trump reaffirmed his pro-crypto stance, supporting legislative momentum for bills such as the Bitcoin Act. $SOL
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#USStablecoinBill . Senate's efforts to regulate stablecoins have encountered significant challenges. The bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, introduced by Senators Bill Hagerty (R-TN) and Kirsten Gillibrand (D-NY), aims to establish a federal licensing framework for stablecoin issuers, enforce one-to-one reserve backing, and implement anti-money laundering (AML) compliance measures. However, recent developments have seen nine Senate Democrats withdraw their support, citing concerns over inadequate provisions for AML, national security, and consumer protection. Additionally, ethical questions have arisen due to the Trump family's involvement in stablecoin ventures, particularly with World Liberty Financial's USD1 token, which has secured significant foreign investments. The bill's future remains uncertain, with Democrats seeking further revisions to address these issues. This situation underscores the complexities of crafting effective cryptocurrency legislation amidst political and ethical considerations.
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#MarketPullback Market Dip Incoming—Nailed It! We called the pullback—and just like that, it hit. #Bitcoin topped out near $96.5K before sliding down to $93.7K. Textbook move, exactly what the charts showed. If you shorted around $96K, you're likely deep in profit now. This wasn’t luck—just solid technical analysis doing its thing. Shoutout to everyone who read the play and made it count! Missed out? No worries—this market's full of setups. Where are my short-sellers at? How much did you lock in on that drop? Share it below—let’s celebrate those sniper entries! This is only the start. Stick around for the next big breakout or breakdown. Current BTC Price: $94,684.39 #Crypto #BTC #BitcoinTrade #$BTC #ChartGame #ProfitMoves $BTC BTC 94,556.01 +0.23%
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#BitcoinReserveDeadline today lanch a new coin binance have sxt launch and complete tis distribut so markete position come back bnb eth and other coins happiness day all owners
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