Stablecoins on the Brink of Financial Mainstream Amid Regulatory Shifts and Global Skepticism
The US Senate recently passed the Genius Act, aiming to integrate stablecoins into the mainstream financial system by requiring full dollar-backed reserves and regulatory oversight. While proponents argue stablecoins could streamline payments and bolster the US dollar’s global dominance, critics warn of risks to financial stability, citing concerns over liquidity, lack of insurance, and absence of a lender of last resort. The legislation, supported by crypto-friendly policymakers and major corporations, could lead to widespread adoption but also introduces potential vulnerabilities similar to past banking crises.
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Young Heart Patients Find Joy and Community Through Adaptive Golf Camp
A group of 28 young heart patients from Minnesota Children’s and M Health Fairview enjoyed a special golf camp at Highland National Golf Course. Organized by Spencer Timmel’s “Scratch Golf Camp” and First Tee, the event offers kids with congenital heart defects a chance to learn golf, a sport suitable for their condition. For many, like 11-year-old Luke Thiesen and Charlie Timmel, it’s a therapeutic escape from hospital life. Participants received their own clubs and a free week of lessons, fostering both skill and community among children sharing similar experiences.
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Cracking the Code: How State Laws in Louisiana and Texas Aim to Shield Teens from Junk Food Ads on Social Media
This study explores the impact of new social media regulations in Louisiana and Texas designed to limit adolescents' exposure to junk food advertising online. Using a difference-in-differences approach, it compares ad exposure among 700 diverse teens annually over five years, including those from lower-income and minority backgrounds. The research assesses whether policies requiring parental consent or restricting targeted ads reduce young people’s contact with unhealthy food promotions. It also examines how these policies affect health disparities and evaluates qualitative insights from teens and parents. This protocol aims to inform future policy decisions in regulating youth-directed digital marketing.
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