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#USStablecoinBill The U.S. Senate is currently deliberating the bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, aiming to establish a federal regulatory framework for stablecoins. The bill mandates that stablecoins be fully backed 1:1 by U.S. dollars or high-quality liquid assets, with issuers subject to regular audits and reserve disclosures. It prohibits algorithmic stablecoins and requires issuers to obtain federal or qualifying state licenses. Issuers exceeding $10 billion in circulation must register with the Federal Reserve. The legislation has sparked debate, with some Democrats expressing concerns over consumer protections and potential conflicts of interest, particularly regarding ties to former President Trump's crypto ventures. Despite bipartisan support, the bill's future remains uncertain amid ongoing negotiations and scrutiny.
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#MarketPullback A pullback is a market drop of 5-10% and is very short term. It is a dip from a recent high during an ongoing bull market while upward momentum is still intact, and is a normal adjustment to a market cycle. The drops typically do not change the market sentiment or outlook.
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#EUPrivacyCoinBan Europe will ban anonymous crypto accounts and privacy coins starting in 2027 under sweeping new AML regulations targeting service providers ...
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#AppleCryptoUpdate ANK is the native token of the Apple Network platform. The token also functions as the currency within the platform.
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#DigitalAssetBill For platforms like Binance, it's crucial to assess compliance with these new regulations, especially if services are offered to Thai residents.
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Latest News
BNB News: CZ Advises Kyrgyzstan to Add BTC and BNB to National Crypto Reserves
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BTC/USDT,ETH/USDT and SOL/USDT Lead Binance USD-M Perpetual Futures Market in Trading Volume Over the Past 24 Hours
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U.S. Treasury Faces May 5 Deadline to Submit Bitcoin Reserve Assessment Under Trump’s Executive Order
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Bitcoin News: Strategy Increases Bitcoin Holdings by 1,895 BTC at $95K Average Price, Now Holds Over $38B in BTC
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Crypto News Today: Crypto Investment Inflows Hit $2B as Bitcoin, Ethereum Lead Institutional Demand
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