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GENIUS Act

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US Treasury Calls for Public Comment on GENIUS Stablecoin Bill

The US Treasury Department opened a public comment period for the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The law was...
Tatevik Avetisyan -
Blockchain

Digital ID could come to U.S. DeFi

The financial game in the DeFi jungle is heading for a major shake-up, and guess who's calling the shots? The U.S. Treasury. They've just...
kriptoworld -
cryptonews

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...
kriptoworld -
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 -
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