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American Bankers Association accuses OCC of undermining Congress with final stablecoin rewards rule
The American Bankers Association (ABA) has accused the Office of the Comptroller of the Currency (OCC) of undermining Congress with its final stablecoin rewards rule. This comes after the OCC, a top banking regulator, declined to weigh in on third-party stablecoin rewards, reigniting the conflict between banks and crypto.
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Anthropic reportedly faces a compute shortage as cloud giants view it as a competitor, plans November IPO.
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King Charles III of the UK praised Oman's peaceful efforts in reopening the Strait of Hormuz.
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U.S. equity index futures rose, boosted by strong earnings reports from AI-related companies.
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