In response to a request for comment from the U.S. Treasury regarding innovative methods to detect illegal financial activity involving digital assets, Chainlink Labs has offered four key […]
Stripe’s Bridge Seeks U.S. Bank Charter, Signaling Major Step for Stablecoins
Bridge, the stablecoin infrastructure company backed by Stripe, has officially requested a national trust bank charter from the U.S. Office of the Comptroller of the Currency (OCC). This […]
GENIUS Act Set to Reshape Retail Banking Landscape
A new act called the GENIUS Act is poised to significantly alter the landscape of retail banking. Tushar Jain, managing partner at Multicoin Capital, predicts that this legislation […]
GENIUS Act: $6.6 Trillion in Deposits Could Flow Out of Banks
A new regulatory framework, the GENIUS Act, has stirred a significant shift in the financial landscape. Co-founder and managing partner at Multicoin Capital, Tushar Jain, predicts this law […]
Senator Warns GENIUS Act Could Impact Small Banks’ Viability
Senator Keith Kelley expresses concern that the GENIUS Act, which creates a federal framework for stablecoins, could negatively impact small community banks in Alabama. He believes this legislation […]
GENIUS Stablecoin Compliance Remains Pending, No ‘GENIUS’ Compliant Coins Exist Yet
The GENIUS Act, aimed at establishing a comprehensive framework for stablecoin regulation in the U.S., is currently awaiting completion of regulatory rulemaking processes. This has led to the […]
Alabama GENIUS Act Sparks Concerns Over Small Bank Fallout
Senator Keith Kelley has raised alarms about the potential impact of Alabama’s recently enacted GENIUS Act on its local banks. He believes the legislation, which aims to regulate […]
Alabama Senator Warns GENIUS Act Could Harm Small Banks
Alabama Senator Keith Kelley is raising concerns about the potential impact of the GENIUS Act, an act that could negatively affect small banks by creating regulatory loopholes for […]
GENIUS vs. Waters: Unpacking the Contested Landscape of U.S. Stablecoin Regulation
The rapid growth of stablecoins, digital assets pegged to traditional currencies, has prompted a heated debate in the U.S. over regulatory oversight, leading to two distinct legislative approaches. […]
GENIUS Act Loophole: Billions Shift from Banks to Crypto
A loophole in the GENIUS Act might allow crypto exchanges to indirectly offer stablecoin interest, potentially funneling billions away from banks and into the digital asset market. This […]
U.S. Crypto Regulation Takes Shape: Treasury Seeking Feedback, Wyoming Launches First State-Issued Stablecoin
The U.S. is actively shaping its regulatory landscape for cryptocurrencies as the industry continues to evolve. The Treasury Department has issued a call for public input on the […]
Tether Taps Former White House Crypto Expert for U.S. Growth Amidst Regulatory Shift
Tether has brought on Bo Hines, a veteran crypto advisor who previously served in the White House, to spearhead its U.S. expansion efforts as the GENIUS Act brings […]
Federal Reserve Watches Stablecoin Impact Under GENIUS Act
The Federal Reserve is closely observing the impact of the GENIUS Act, a new regulation for stablecoins, on the U.S. cryptocurrency market. The act establishes stringent rules to […]
Federal Reserve Examines Stablecoin Integration Amidst GENIUS Act Passage
The Federal Reserve has highlighted the increasing importance of stablecoins in recent discussions, focusing on their potential impact on payment systems and financial stability. The passage of the […]
Federal Reserve Watches Stablecoin Growth Amidst GENIUS Act Implications
Federal Reserve officials are closely analyzing the increasing popularity of stablecoins and their associated risks, particularly in light of the passage of the GENIUS Act. Meeting minutes emphasize […]