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CoinDeskProposed U.S. legislation would bar digital asset service providers from offering returns solely for holding tokens. The measure has cleared the Senate Banking Committee and could reach a full Senate vote as early as July.
pymnts.comMorgan Stanley Investment Management introduced the Stablecoin Reserves Portfolio, a government money market fund designed for stablecoin issuers. The fund invests in U.S. Treasury bills and repo agreements, aiming for a constant $1 net asset value with daily liquidity. This laun…