Stablecoin-Focused GENIUS Act Is Beginning of the End for Banks
The stablecoin-focused GENIUS Act, which was enacted in July, will set off an exodus of deposits from conventional financial institution ...
Tag: GENIUS
US Treasury Opens For Public Comments For Implementation Of GENIUS Act
The US Division of the Treasury on Thursday opened a second interval of public touch upon the implementation of the ...
Alabama State Senator Warns GENIUS Act Could Harm Small Banks
Keith Kelley, a Republican state senator representing Alabama’s twelfth district, is sounding the alarm for the potential affect of the ...
Banking Lobby Takes Aim at Stablecoins and GENIUS Act
The US banking foyer isn’t eager on interest-bearing stablecoins or their supposed problem to monetary methods — however it could ...
US Treasury Calls For Public Comment On GENIUS Stablecoin Bill
The US Treasury Division has issued a name for feedback associated to the passage of the Guiding and Establishing Nationwide ...
GENIUS Act Could Limit Stablecoin Appeal Amid Tokenization Boom
The current passage of the US GENIUS Act was broadly celebrated as a significant step ahead for stablecoin adoption, however ...
GENIUS Act Lays Stablecoin Rules But Gaps Remain for Foreign Issuers
The signing of the GENIUS Act into law established the primary complete regulatory framework for US-issued stablecoins. Supporters argue it'll ...
Ether Machine launches for Institutional Yield after the GENIUS Act
Institutional curiosity in cryptocurrencies was piqued after “Crypto Week” within the US noticed the passage of the business’s key stablecoin ...
GENIUS Act Is Just the Start, Crypto Experts Say After Crypto Week
The proclaimed Crypto Week has concluded with important regulatory progress, together with the passage of the much-anticipated GENIUS Act. Nevertheless, ...
GENIUS Act Blocks Big Tech From Dominating Stablecoins: Circle Exec
The GENIUS Act incorporates a little-noticed clause that stops know-how giants and Wall Road behemoths from dominating the stablecoin market, ...
