 | The media is framing this as an instant win for crypto, but the 309-page draft raises important regulatory issues we need to discuss. While it finally establishes clear boundaries between the SEC and CFTC—which is massive for bringing institutional volume back onshore—the banking lobby snuck in a major compromise. Section 102 effectively bans earning passive yield just for holding stablecoins. It still needs 60 Senate votes and a White House signature before the July 4th target. How are you positioning your portfolio ahead of this? [link] [comments] |
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