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GENIUS Act

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US Bank Groups Demand Closure of GENIUS Act Stablecoin Yield Loophole

US bank groups, led by the Bank Policy Institute (BPI), have urged Congress to close what they call a stablecoin yield loophole in the...
Tatevik Avetisyan -
cryptonews

The GENIUS Bill = paved road to CBDCs?

The US government just tossed a bill into the ring—the GENIUS Act. Sounds harmless, right? Like some fancy law about stablecoins, legal clarity, regulation,...
kriptoworld -
cryptonews

Tether will go from stablecoins to Bitcoin mining kingpin by the end of the year?

Tether will be the largest Bitcoin miner by the end of the year. With the U.S. government tightening the screws through the new GENIUS...
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cryptonews

Coinbase Crypto Lobby Demands Congress Pass CLARITY Act During July Crypto Week

The Coinbase crypto lobby is asking U.S. lawmakers to pass the CLARITY Act, a bill that sets clear roles for crypto regulation. On Monday,...
Tatevik Avetisyan -
Crypto money

Ripple Applies for US Bank License and Fed Master Account as Stablecoin Rules Tighten

Ripple Labs has applied for a national bank charter with the US Office of the Comptroller of the Currency (OCC). CEO Brad Garlinghouse confirmed the...
Tatevik Avetisyan -
Regulations

Circle Seeks US Trust Bank Charter to Manage USDC Reserve Under GENIUS Act Scrutiny

Circle applied to the Office of the Comptroller of the Currency (OCC) to form a Circle trust bank named First National Digital Currency Bank,...
Tatevik Avetisyan -
Experts' opinions

U.S. Senate Clears the GENIUS Act, Paving the Way for a Stablecoin Renaissance

The U.S. Senate’s decisive passage of the GENIUS Act, with a strong 68–30 bipartisan vote, marks a watershed moment for stablecoin regulation. By mandating one-to-one...
kriptoworld -
cryptonews

JD.com Stablecoin Move Follows GENIUS Act Approval in U.S.

JD.com will seek a stablecoin license in countries with major sovereign currencies. Liu Qiangdong, the company’s founder, shared the plan during a June 18...
Tatevik Avetisyan -
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