JUST IN: Major financial players officially unveil a new crypto stablecoin: Open USD $OUSD

Backed by:
• Visa
• Stripe
• Shopify
• Coinbase
• Mastercard

$OUSD is going live across Solana, Base, Ethereum, and Tempo, with $1 billion in initial liquidity.

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JUST IN: 🇺🇸 The U.S. Senate is set to vote on a bill that would ban members of Congress and their families from trading stocks.

While the proposal prohibits future transactions, it does not require them to divest existing holdings.

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JUST IN: 🇺🇸 The Federal Reserve is anticipated to hold interest rates steady in the upcoming FOMC meeting.

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JUST IN: 🇺🇸 The New York Times reports that $META allegedly listed Mark Zuckerberg as a "researcher" to secure a $355 million tax benefit linked to his $4 billion compensation package.

The IRS is now taking steps to reclaim the contested $355 million in tax savings.

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JUST IN: 🇺🇸 SEC Chair Paul Atkins states the agency is actively working to deliver clearer regulations for crypto and digital financial innovation.

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JUST IN: 🇺🇸 Senate Republicans introduce new legislation to revamp cryptocurrency tax regulations.

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JUST IN: 🇺🇸 Florida Governor Ron DeSantis states the U.S. should "never" adopt a Central Bank Digital Currency (CBDC).

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JUST IN: 🇺🇸 OpenAI CEO Sam Altman has withdrawn from the upcoming Congressional hearing on AI and will not be attending the scheduled session.

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JUST IN: 🇺🇸 President Trump claims Jerome Powell, head of the Federal Reserve, should be "forced to resign" from the board.

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JUST IN: Google $GOOGL has unveiled its most advanced AI model to date — 'Gemini 4'.

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JUST IN: 🇺🇸🇨🇳 A former senior Federal Reserve official was blackmailed by a Chinese spy after exchanging nude photos—sent from his government-issued phone—on an Asian dating app.

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JUST IN: MetaMask is responding to a security incident affecting part of its infrastructure.

The team confirms there is "no immediate threat" to user wallets at this time.

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JUST IN: 🇪🇺 European Union regulators state they require additional authority to oversee the crypto sector.

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JUST IN: 🇺🇸🇫🇷🇩🇪 The U.S. is threatening to impose an export ban on France and Germany unless they release emergency diesel reserves, according to Reuters.

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JUST IN: 🇺🇸 Citi predicts Bitcoin could reach $113,000 next year, driven by anticipated U.S. stimulus measures that might spark a $2.8 trillion market surge.

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JUST IN: 🇺🇸 Illinois pauses proposed cryptocurrency transaction tax—sparking concern as it would have applied regardless of capital gains or losses.

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JUST IN: 🇺🇸 U.S. mortgage rates jump to their highest point since 2023.

• The average rate on a 30-year fixed mortgage has climbed to 7.6%, the peak since 2023, significantly raising costs for homebuyers.

• The 10-year Treasury yield soared to its highest level since 2002, marking its largest quarterly rise since 1994.

• The 30-year Treasury yield also rose to 5.69% as investors kept offloading U.S. government bonds.

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JUST IN: 🇨🇳 China halts fuel exports indefinitely.

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JUST IN: 🇺🇸 U.S. Congress is weighing broader cryptocurrency regulations that could let banks and credit unions custody digital assets, issue stablecoins, and leverage blockchain technology.

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JUST IN: 🇺🇸 President Trump states inflation is "completely under control."

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JUST IN: 🇺🇸 President Trump suggests the U.S. government could acquire ownership stakes in OpenAI, Anthropic, and other major AI firms.

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