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Coinbase Opposes Stablecoin Compromise In Senate Crypto Bill: Report
Coinbase Opposes Stablecoin Compromise In Senate Crypto Bill: Report
Authored by Jesse Coghlan via CoinTelegraph.com,
Crypto exchange Coinbase is reportedly against the latest compromise over stablecoin yields that the Senate is looking to include in its crypto market structure bill.
Coinbase representatives told Senate lawmakers in a meeting on Monday that they had concerns over the language around stablecoin yields in the new compromise version of the bill, Punchbowl News reported Wednesday, citing four people briefed on the exchange.
A proposal that circulated earlier this week would have reportedly prevented third parties, such as exchanges,...
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Jun 22, 2026 / Tyler Durden
Chevron Lands 20-Year Deal To Power Microsoft's AI Expansion
Chevron Lands 20-Year Deal To Power Microsoft's AI Expansion
Microsoft has signed a 20-year agreement with Chevron to power a massive new AI-focused data center campus in West Texas, underscoring the growing race among tech companies to secure reliable energy supplies, according to Bloomberg.
The project, known as Project Kilby, is expected to begin generating power in 2028 and eventually reach 2.67 gigawatts—enough electricity for more than 530,000 Texas homes.
Chevron is developing the project with Engine No. 1 and expects to make a final investment decision later this year. Despite the...
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May 18, 2026 / Tyler Durden
Oil Slides After Iran Says US Agreed To Lift Oil Sanctions During Talks, Long-Term 'Nuclear Freeze' On Table
Oil Slides After Iran Says US Agreed To Lift Oil Sanctions During Talks, Long-Term 'Nuclear Freeze' On Table
Saudi state-owned Al Arabiya early Monday has issued a bombshell if true (but still very much not officially confirmed), reporting that Iran has agreed to a long-term nuclear freeze instead of a complete dismantling. The outlet also reports that Iran has withdrawn its demand for compensation, instead demanding economic concessions. However, this could be highly dubious, given over the past several days Tehran has not shown willingness to back down from this demand of compensation.
It...
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Feb 28, 2026 / Tyler Durden
Fed Plans To Release Sweeping Bank‑Capital Rule By Late March: Top Regulator
Fed Plans To Release Sweeping Bank‑Capital Rule By Late March: Top Regulator
Authored by Andrew Moran via The Epoch Times (emphasis ours),
Long-awaited banking regulation—also known as the Basel III Endgame framework—will be released next month, said the Federal Reserve’s top banking regulator.
Michelle Bowman, vice chair for supervision of the Federal Reserve Board, in Washington on July 22, 2025. Ken Cedeno/Reuters
Fed Vice Chair for Supervision Michelle Bowman, appearing at a Senate Banking Committee hearing on Feb. 26, confirmed that regulators are expected to release an updated Basel III proposal at the...
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