JUST IN: JPMorgan, Citi, UBS and other major banks successfully test tokenized cross-border payments, settling transactions in an average of 80 seconds.
Hey, @Samsung, how many home service attempts is reasonable before you replace a high-end television that failed under warranty? I'm at 13 right now (including two over seven hours) and it still doesn't work.
President Donald Trump's $1.4 billion earnings from his crypto ventures has become a major obstacle in Senate negotiations over the Clarity Act.
Senate Republicans introduced revised language this week in an effort to end a months-long stalemate. Democrats and consumer watchdog groups quickly rejected the proposal, arguing that it does not include strong enough safeguards to prevent a sitting president or members of the president’s family from profiting from crypto businesses while the administration regulates the same industry.
The dispute centers on Trump's memecoin and other family-linked crypto ventures, which critics say raise potential conflict-of-interest concerns. The disagreement could further delay legislation designed to clarify how cryptocurrencies and other digital assets are regulated in the United States.