Key U.S. regulators are calling for the prompt implementation of the GENIUS Act, as this legislation holds significant implications for the stability of the stablecoin market.
US FDIC Prepares Draft for Stablecoin Regulation under GENIUS Act
The United States Federal Deposit Insurance Corporation (FDIC) is set to release a draft of rules regulating stablecoin issuers, following the passage of the GENIUS Act. FDIC Acting […]
FDIC Unveils First Pathway for Stablecoin Regulation under GENIUS Act
The Federal Deposit Insurance Corporation (FDIC) is taking a key step forward in regulating stablecoins, announcing the launch of the first application process under the GENIUS Act. This […]
FDIC Unveils Stablecoin Guidelines This Month: New Framework Proposed for Issuers
The US Federal Deposit Insurance Corporation (FDIC) is set to propose new application frameworks for stablecoin issuers later this month. Chairman Travis Hill confirmed that the agency will […]
FDIC Unveils GENIUS Act Rules for Stablecoin Issuers
The Federal Deposit Insurance Corporation (FDIC) has announced its plan to implement the GENIUS Act, a new regulatory framework designed to govern U.S. stablecoin issuers. The FDIC will […]
FDIC Announces Draft Rules for Stablecoin Issuers under GENIUS Act
The U.S. Federal Deposit Insurance Corporation (FDIC) is expected to publish draft regulations governing stablecoin issuers within the context of the GENIUS Act this month. These guidelines will […]
FDIC Sets Stage for Stablecoin Regulations with GENIUS Act Framework Unveiling
The U.S. Federal Deposit Insurance Corporation (FDIC) is set to unveil a regulatory framework for stablecoins, aiming to solidify the impact of the recently enacted GENIUS Act. The […]
FDIC Releases Stablecoin Guidelines Under GENIUS Act
The FDIC is poised to launch its first stablecoin guidelines under the GENIUS Act this month, spearheaded by a committee led by Acting Chairman Martin J. Gruenberg. The […]
FDIC to Propose Stablecoin Framework This Month
The US Federal Deposit Insurance Corporation (FDIC) plans to release a framework for regulating stablecoins later this month, according to FDIC Acting Chair Travis Hill. The agency will […]
FDIC to Introduce Stablecoin Regulations Under GENIUS Act
The U.S. Federal Deposit Insurance Corporation (FDIC) plans to propose its first regulations for stablecoin issuers under the GENIUS Act, as announced by Acting Chairman Travis Hill during […]
Coinbase Opposes Bank Restrictions on Stablecoin Merchant Rewards
Coinbase has challenged banking industry attempts to limit merchant rewards for stablecoin users, arguing that such restrictions violate the interpretation of the GENIUS Act. The company believes these […]
Andreessen Horowitz Seeks Exemption from GENIUS Act for Decentralized Stablecoins
Andreessen Horowitz (a16z) has requested a U.S. Treasury exemption from the GENIUS Act, arguing that decentralized stablecoins, like LUSD, shouldn’t be included due to their smart contract-based governance […]
A16z Calls for Clarity on Decentralized Stablecoins’ Status under the GENIUS Act
Venture capital firm A16z urges clarity on whether decentralized stablecoins are subject to the GENIUS Act, proposing exemptions and alternative solutions. The firm argues that these assets should […]
a16z Seeks Exemption for Decentralized Stablecoins from GENIUS Act
Andreessen Horowitz (a16z) has made a significant move in the world of crypto regulation, urging the U.S. Treasury to exclude decentralized stablecoins from the proposed GENIUS Act. This […]
US Senate Passes GENIUS Act, Reshaping Crypto Regulation Landscape
The U.S. Senate has passed the GENIUS Act, a landmark legislation that significantly reshapes the nation’s crypto regulation landscape. The act establishes the first-ever federal framework for stablecoins, […]