In this week’s Crypto Long & Short, Ravi Tanuku on why the GENIUS Act didn’t just regulate stablecoins, it repriced Bitcoin’s monetary …
Genius
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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 …
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Summary French Hill said the CLARITY Act could resolve issues left open by the GENIUS Act. Hill noted the House passed the …
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Regulation
Stablecoins won’t get any kind of deposit insurance under GENIUS rules, says FDIC chief
by shayaanby shayaanStablecoin users won’t benefit from any government guarantee of their money when the new U.S. law is implemented to govern these tokens, …