Anchorage Digital, a federally chartered crypto bank and stablecoin infrastructure provider, has submitted a public comment letter supporting the US Treasury Department’s …
Genius
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Markets
U.S. Congress returns as GENIUS comments periods close, jobs report: Crypto Week Ahead
by shayaanby shayaanYour look at what’s coming in the week starting June 1. www.coindesk.com
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Markets
Crypto Long & Short: How the GENIUS Act repriced bitcoin's monetary premium
by shayaanby shayaanIn this week’s Crypto Long & Short, Ravi Tanuku on why the GENIUS Act didn’t just regulate stablecoins, it repriced Bitcoin’s monetary …
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Circle urged the OCC to finalize clear, consistently applied $GENIUS Act rules for payment stablecoin issuers. The company said the proposed framework …
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Regulation
Banks push back on GENIUS Act rules as Agora races for a federal charter
by shayaanby shayaanMajor US banking trade groups have asked the Treasury Department and the FDIC to pause three $GENIUS Act rulemaking comment periods until …
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Regulation
Everyone Celebrated The GENIUS Act. Nobody Read The Compliance Section.
by shayaanby shayaanTreasury’s new compliance rules for stablecoin issuers carry the same obligations as a bank charter. Most issuers can’t afford that. Which is …
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The FDIC just called a board meeting for April 7 with less than seven days notice. The agenda: finalizing how U.S. banks …
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Regulation
U.S. Treasury Launches First GENIUS Act Rulemaking With 87-Page Proposal
by shayaanby shayaanThe U.S. Department of the Treasury has formally begun implementing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, releasing …
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The issuance of new stablecoins has surged since the GENIUS Act was signed into law last year. At the moment, there are …
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Markets
The genius and the danger of STRC: How Strategy’s new funding model bends so it doesn't break
by shayaanby shayaanStrategy’s STRC has bitcoin a major bitcoin accumulation tool, but analysts warn the risks aren’t as clear as the marketing makes them …