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    CryptoWire, WASHINGTON: A growing rift within the cryptocurrency industry has disrupted progress on a key U.S. Senate bill intended to establish federal oversight of digital assets, following the withdrawal of support from major exchange Coinbase and mounting opposition from several industry groups. The setback has forced lawmakers to postpone action on legislation that was initially…

    The U.S. Securities and Exchange Commission (SEC) has approved a new set of generic listing standards that will allow national securities exchanges to list commodity-based exchange-traded products, including spot cryptocurrency ETFs, without requiring case-by-case approval. The move simplifies the regulatory pathway for such products and introduces formal criteria for eligibility. The final rule, approved on September 17,…

    The Trump administration has directed leading US mortgage finance firms to recognize cryptocurrency holdings as part of applicants’ wealth when evaluating mortgage eligibility. The order applies to Fannie Mae and Freddie Mac, the two government-backed enterprises responsible for guaranteeing more than half of residential mortgages in the United States. The announcement was made by Bill Pulte, Director of the Federal…

    The U.S. Senate has passed the GENIUS Act, a landmark piece of legislation that for the first time establishes a federal regulatory framework for stablecoins, marking a significant legislative win for the cryptocurrency sector. The bill, which passed with a 68-30 vote, grants the U.S. Department of the Treasury extensive oversight powers and outlines clear rules for issuing dollar-pegged…