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Community Bank Leaders Urge Senate to Protect Local Lending from Stablecoin Risks
The American Bankers Association’s Community Bankers Council, representing community banks across all 50 states and territories, is urging the U.S. Senate to take decisive action to protect local economies from emerging risks in the digital asset market. In a letter sent to Senators, more than 200 community bank leaders from across the country expressed concern that some crypto companies are exploiting a regulatory loophole, undermining the intent of the GENIUS Act, which was designed to bring stablecoins under regulatory oversight and prevent disruptions to traditional banking. While the law prohibits stablecoin ... (full story)
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I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America. This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States! I have asked Energy Secretary Chris Wright to execute this plan, immediately. It will be taken by storage ships, and brought directly to unloading docks in the United States. Thank you for your attention to this matter! DONALD J. TRUMPPRESIDENT OF THE UNITED STATES OF AMERICA
From uk.finance.yahoo.com | Jan 6, 2026
Barclays has bought a stake in U.S. stablecoin-settlement company Ubyx, its first such investment and part of its plans to explore "new forms of digital money", the British bank said on Wednesday. Ubyx, which launched in 2025, is a clearing system for stablecoins - cryptocurrencies pegged 1:1 to mainstream currencies - which aims to reconcile tokens ...
On today's episode of CNBC Crypto World, major cryptocurrencies trade lower. Plus, Wyoming announces the state's Frontier Stable Token is now live and available to the public, marking the first state-issued stablecoin in the United States . And, Alchemy CEO Nikil Viswanathan discusses his outlook for stablecoins in 2026.
