The new draft is 309 pages, longer than the 278-page draft that the Senate Banking released in January.The main points are still the same, with the SEC overseeing many crypto token sales & the CFTC overseeing most of the trading that happens after those tokens are already on the market.The draft also adds more investor-protection language, including SEC antifraud and insider-trading authority for certain crypto offerings.The stablecoin section is aimed at stopping platforms from offering bank-style yield ju ...

JUST IN: 🇺🇸🇨🇳 Nvidia $NVDA CEO Jensen Huang not invited to join President Trump with other business executives on China trip. https://t.co/T5Oxvs8AJO ...

JUST IN: 🇺🇸 Congress members to hold bipartisan meeting to discuss crypto tax legislation. ...

JUST IN: Elon Musk's SpaceX projected to trade above $2 trillion valuation when it goes public. https://t.co/Jnr7uNcp35 ...

JUST IN: S&P 500 closes at new all-time high of 7,412 https://t.co/NHew4mcfPz ...

Texas Attorney General Ken Paxton sued Netflix on Monday, accusing the streaming giant of collecting data from children and other users without consent and allegedly designing its platform to be addictive.The lawsuit claims Netflix falsely told consumers it did not collect or share user data while tracking viewing habits and preferences, then sharing or selling that information to data brokers and ad-tech companies.Texas alleges the practices generated billions of dollars annually for Netflix. ...

Full list of business executives joining President Trump on trip to China:• Jane Fraser (Citi)• Tim Cook (Apple)• Elon Musk (Tesla)• Brian Sikes (Cargill)• Larry Fink (Blackrock)• Kelly Ortberg (Boeing)• Ryan McInerney (Visa)• Chuck Robbins (Cisco)• Jacob Thaysen (Illumina)• Jim Anderson (Coherent)• Sanjay Mehrotra (Micron)• Christiano Amon (Qualcomm)• Michael Miebach (Mastercard)• Dina Powell McCormick (Meta)• David Solomon (Goldman Sachs)• H Lawrence Culp (GE Aerospace)• Stephen Schwarzman (Blackstone) ...

UAE officially allows residents to pay Dubai government fees using cryptocurrency through Crypto․com partnership with the Dubai Department of Finance.The service will allow government fee payments in crypto, while all settlements are completed in UAE dirhams or CBUAE-approved dirham-backed stablecoins under the Central Bank's Stored Value Facilities framework.Crypto․com said users must be onboarded through its VARA-licensed platform to access the payment service. The rollout supports Dubai's Cashless Strate ...

JUST IN: 🇦🇪 UAE officially allows residents to pay government fees with crypto. ...

JUST IN: 🇺🇸 Senator Bernie Moreno says the "banking cartel is in full panic mode" over crypto Clarity Act."For decades, these banks have treated your deposits like their personal piggy bank, paying you next to nothing while lending YOUR money out for massive profits and executive bonuses.""Now that innovative stablecoins threaten to break their monopoly and give you actual financial freedom? They're running to Congress again, screaming about threats to economic growth and financial stability." ...