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Category GENIUS Act

Travis Hill details regulatory plans for stablecoins

Travis Hill details regulatory plans for stablecoins

FDIC acting Chairman Travis Hill announced the agency will submit initial GENIUS Act new rules for stablecoins by the end of December.
UK's current bill market may not be able to support demand from stablecoin issuers

UK's current bill market may not be able to support demand from stablecoin issuers

The UK government is reportedly considering expanding the Treasury bill issuance as a way to broaden the investor base for its short-term debt whil...
OCC confirms banks’ authority to hold crypto to pay digital-asset network fees

OCC confirms banks’ authority to hold crypto to pay digital-asset network fees

The OCC will now permit banks to hold digital assets, enabling them to pay fees on the blockchain network.
BNY Launches Stablecoin Reserve Fund for Institutional Liquidity

BNY Launches Stablecoin Reserve Fund for Institutional Liquidity

BNY launches BSRXX, a regulated money market fund for U.S. stablecoin issuers under the GENIUS Act, supporting institutional digital asset reserve ...
Fed Governor Predicts Multi-Trillion Dollar Stablecoin Boom Will Force Down US Interest Rates

Fed Governor Predicts Multi-Trillion Dollar Stablecoin Boom Will Force Down US Interest Rates

Fed Governor Stephen Miran says the coming multi-trillion-dollar boom in U.S.-backed stablecoins could lower America’s long-term interest rates by ...