regulations

JPMorgan CFO Jeremy Barnum warns of a 'dangerous' parallel banking system as the Senate debates stablecoin yields, while Thailand's Central Bank clamps down on USDT…

Franklin Templeton modifies its Western Asset funds to meet GENIUS Act reserve requirements, positioning $LUIXX and $DIGXX as critical infrastructure for the $310B stablecoin market.

Judge Aleta Trauger grants a temporary restraining order against Tennessee regulators, stating Kalshi is likely to prevail on its federal preemption claims.

A new Senate draft bans passive stablecoin yield to protect banks, prompting a $1.3 billion revenue threat from Coinbase.