The stablecoin bill, crucial for regulating stablecoin issuance and usage, must be passed before the midterm season influences Congress, as highlighted by a commentator’s concern about potential changes in leadership if the bill is delayed. This urgency follows Florida’s Senate passing its own bill to regulate stablecoins and comes amidst recent proposals from the OCC under the GENIUS Act, which seeks to expand stablecoin operations while prohibiting interest payments to holders.
You might be interested in …
Australian national pleads guilty to selling cyber secrets for $1.26M in crypto
Peter Williams, an Australian executive, pleaded guilty to selling sensitive cyber tools to a Russian broker for approximately $1.26 million in cryptocurrency, a case that prosecutors argue jeopardized the operational capabilities of the Five Eyes […]
U.S. Senate’s bipartisan housing bill advances, banning CBDC until 2031
The U.S. Senate’s “21st Century ROAD to Housing Act,” aimed at increasing housing affordability, has advanced with strong bipartisan support after clearing a key cloture vote with a tally of 84-6. This significant housing package […]
SoftBank, AMD validate GPU partitioning for AI infrastructure at MWC Barcelona 2026
SoftBank Corp. and AMD have begun a joint validation to utilize AMD Instinct GPUs in enhancing next-generation AI infrastructure computing resources. This collaboration focuses on developing SoftBank’s Orchestrator, which efficiently partitions a single AMD Instinct […]