The dispute centers on whether crypto firms like Coinbase can offer yields on stablecoins, which banks warn will siphon trillions of dollars from the industry.
Read MoreWall Street is on track for a higher open as oil prices decline. And CrowdStrike makes a great case that AI will help, not hurt, its business.
Read MoreThe oil market has calmed after President Donald Trump said the U.S. would insure tankers and provide naval escorts if necessary.
Read MoreBessent sought to calm concerns about a potential energy shock, arguing that oil markets are well supplied even as tensions escalate in the Middle East.
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