Gate News message, April 25 — The Clarity Act, a key U.S. crypto regulatory bill, faces mounting pressure as Senator Thom Tillis recommended delaying the Senate Banking Committee markup to May 2026, citing intense lobbying from the North Carolina Bankers Association (NCBA). The NCBA is pushing for a

Gate News message, April 24 — Morgan Stanley Investment Management has launched the Stablecoin Reserves Portfolio (MSNXX), a government money market fund designed for stablecoin issuers to hold reserve assets in compliance with GENIUS Act requirements. The fund, housed within the Morgan Stanley

Gate News message, April 23 — Negotiations on a broader U.S. cryptocurrency market-structure bill, known as the Clarity Act, are in a "good spot" on stablecoin rewards, according to key negotiators Senators Angela Alsobrooks (D-Md.) and Thom Tillis (R-N.C.), even as other contentious issues includin

Gate News message, April 23 — Japan's Financial Services Agency (FSA) has submitted legislation to Parliament proposing to reclassify crypto assets from the Payment Services Act to the Financial Instruments and Exchange Act, according to remarks by Shigeru Shimizu, director of the FSA's Risk

Gate News message, April 23 — Investment bank TD Cowen has identified five major obstacles facing the passage of the Clarity Act, beyond the stablecoin yield issue, according to The Block. The first obstacle is that the U.S. Commodity Futures Trading Commission (CFTC) currently has only one

Gate News message, April 22 — North Carolina has officially introduced House Bill 1029, the Digital Asset and Stablecoin Act, marking the state's entry into crypto regulation. The bill, developed following recommendations from a dedicated blockchain committee, aims to integrate digital assets into t

Gate News message, April 22 — Samsung Electronics has ordered 2,031 employees across 143 units to remain on duty during a planned strike, citing South Korea's Labor Union Act requirement to maintain safety protection facilities. The unions plan an 18-day walkout from May 21 to June 7, with a rally s

The PACE Act would let qualified digital asset and fintech firms access the Fed's payment system, aiming to cut delays and costs through direct Fed access, with regulatory safeguards and consumer protections. Abstract: The U.S. House introduced the Payments Access and Consumer Efficiency (PACE) Act to allow qualified digital asset, fintech, and other service providers to connect directly to the Federal Reserve's payment system. The bipartisan bill, by Reps. Young Kim and Sam Redo, aims to cut delays and fees by enabling direct Fed access under OCC oversight, with streamlined registration, consumer protections, supervisory enforcement, and bankruptcy provisions. Industry advocates argue that direct access would foster faster, cheaper, and more competitive payment services while maintaining safeguards for innovation.

Gate News message, April 22 — The U.S. Senate's Digital Asset Market Clarity Act, which has been delayed for several months, may enter Senate committee review as early as May, according to CoinDesk. Sources indicate that the originally planned April advancement is now unlikely; however, if the Senat

Gate News message, April 21 — The PACE Act, introduced by bipartisan U.S. lawmakers, aims to allow compliant non-bank payment institutions direct access to the Federal Reserve's payment systems, garnering support from the crypto industry. The legislation would establish a federal framework