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Fed Governor Barr flags potential Bitcoin loophole in GENIUS Act

Key Takeaways The inclusion of assets authorized by foreign governments in the GENIUS Act could enable Bitcoin repo holdings. Barr emphasized the necessity of strong regulatory frameworks to ensure stablecoins can safely benefit the financial system. Share this article Federal Reserve Governor Michael Barr said today that under the GENIUS Act, stablecoin issuers could argue … Read more

Some of Our Favorite Noise-Canceling Headphones Are $100 Off if You Act Fast

Bose is well known for its noise-canceling headphones and earbuds, and the high-end QuietComfort Ultra (9/10, WIRED Recommends) are currently marked down to just $329 on Amazon, with the same discount at Best Buy. You’ll have to move fast, though, as both sites feature countdown timers with less than 24 hours remaining as I write … Read more

The $2.5 trillion ocean economy is at a crossroads. Capital must act now

Today, the blue economy, valued at roughly $2.5 trillion annually, stands at a crossroads: either we continue business as usual — with staggering ecological, social, and financial costs — or we finance deployment at scale, so the ocean remains our most powerful ally for climate, biodiversity, and prosperity. There are reasons for hope. Surpassing the … Read more

The GENIUS Act isn’t about banks vs crypto

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The GENIUS Act was supposed to bring clarity to stablecoins, and in many ways, it has. For the first time, there’s a clear federal framework: issuers now have to fully collateralize their … Read more

Will ImmutableX IMX Crypto Break $1 After CLARITY Act?

Gaming is a multi-billion-dollar industry, and yet, even with crypto leveling the field, regulation is critical. If there is clarity, especially in the United States, IMX crypto, the token behind the NFT-focused layer-2 for Ethereum, ImmutableX, could be the biggest beneficiary. As of September 30, IMX USD is steady, shaking off the weaknesses of the … Read more

U.S. Treasury advances GENIUS Act to stablecoin regulations

Key Takeaways The U.S. Treasury is advancing regulations under the GENIUS Act to create a stablecoin and digital asset regulatory framework. The Act requires stablecoin issuers to maintain 1:1 asset-backed reserves and provide monthly transparency reports. Share this article The U.S. Treasury today advanced regulations under the GENIUS Act, a law signed by President Donald … Read more

Charlie Kirk Act would stop US government agency from ‘targeting’ Americans

NEWYou can now listen to Fox News articles! FIRST ON FOX: A Senate Republican wants to stop “propaganda” in America in the name of late conservative activist Charlie Kirk. Sen. Mike Lee, R-Utah, plans to introduce the Charlie Kirk Act, which would halt the United States Agency for Global Media (USAGM) from disseminating media, such … Read more

House GOP pushes for Senate approval of CLARITY Act

Key Takeaways The US House Committee on Financial Services has publicly urged the Senate to pass a market structure bill for Bitcoin and other cryptocurrencies. The proposed bill aims to establish a clear regulatory framework for digital assets trading and market oversight in the United States. Share this article The House Financial Services Committee, which … Read more

Nvidia Is Not Happy With the Gain AI Act, Says As Much

In a move drawing considerable attention across the tech industry, Nvidia Corporation has publicly critiqued the recently proposed Gain AI Act, emphasizing its potential to stifle competition in the rapidly evolving artificial intelligence sector. The GAIN AI Act, which stands for Guaranteeing Access and Innovation for National Artificial Intelligence Act, was introduced as part of … Read more

Judges side with Trump EPA over canceled Inflation Reduction Act grants to nonprofits

The battle over $20 billion worth of climate-related funding authorized by Congress continues as an appellate court ruled on Tuesday in favor of the Environmental Protection Agency, which had terminated Biden-era grants made to nonprofits. The legal tussle stems from EPA administrator Lee Zeldin’s decision to cancel grants dispersed as part of the Inflation Reduction … Read more

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