Banking trade groups are pressing U.S. regulators for clarity on stablecoin transaction oversight after issuance, arguing that secondary market monitoring is critical to combat illicit finance. Crypto firms previously warned that broad AML rules could harm DeFi.
Nine US industry trade groups warned the Trump administration that the rapid expansion of AI data centers is consuming a large share of memory chip capacity, driving up prices and straining supplies for other critical industries like automotive and healthcare.
Despite a recent US-China trade truce, analysts remain cautious due to lingering tensions and unconfirmed details about potential deals, including agricultural sales and aircraft purchases.
US banking groups are pressing regulators to slow parts of the federal rollout of the GENIUS Act, opening a new front in their broader fight over how far stablecoins should be allowed to move into territory long dominated by bank deposits. On April 22, the American Bankers Association (ABA) and three other banking trade groups […] The post US Bankers association push for 60 day pause to stop stablecoin rules going live appeared first on CryptoSlate.
US banking groups are pressing regulators to slow parts of the federal rollout of the GENIUS Act, opening a new front in their broader fight over how far stablecoins should be allowed to move into territory long dominated by bank deposits. On April 22, the American Bankers Association (ABA) and three other banking trade groups […] The post US Bankers push for 60 day delay to stop national stablecoin rules going live appeared first on CryptoSlate.
An investigation has found that Microsoft and other US tech companies successfully lobbied the EU to add a secrecy provision to datacentre regulations in 2024, blocking public access to environmental performance data. The provision, written almost word-for-word from industry demands, prevents researchers from accessing individual datacentre pollution metrics, leaving only national-level summaries. Legal scholars warn the confidentiality clause violates EU transparency rules and the Aarhus convention on public access to environmental information.
