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U.S. legislation

2 stories related to this topic, newest first.

Clarity Act Would Restrict Passive Crypto Yield ProductsCoinDesk
finance8 days ago

Clarity Act Would Restrict Passive Crypto Yield Products

Proposed 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.

CoinDesk
1 source
Morgan Stanley Launches Stablecoin Reserves Portfolio Targeting Issuers on April 24pymnts.com
finance37 days ago

Morgan Stanley Launches Stablecoin Reserves Portfolio Targeting Issuers on April 24

Morgan 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…

CoinDesk
1 source