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Federal Reserve Vice Chair Michelle Bowman warns banks risk irrelevance if blockchain bypasses them.
Gino Matos 4 min read 
New Senate draft could free tokens from SEC rules if decentralization tests pass
FRNT enters a fiercely competitive stablecoin arena that is currently dominated by Tether and Circle.
Governor Pritzker lauds Illinois' pioneering crypto legislation, contrasting it with Trump's "crypto bro" influenced policies.
Decisions on altcoin-related ETFs are likely to occur in October.
The program targeted activities that regulators deemed novel and potentially risky to financial stability.
The executives say the new fees will consolidate power among major banks, risking advancements in AI and cryptocurrency.
As digital currencies soar, New York joins worldwide effort to harness tax revenue from crypto market growth.
HKMA and SFC urged investors to exercise caution amid speculative stablecoin-linked claims in a joint statement issued Aug. 14.
