Category GENIUS Act

US banks warn of $6.6 trillion shift to stablecoins amid GENIUS Act debate
A coalition of US banking groups, led by the Bank Policy Institute (BPI), has urged lawmakers to address a major oversight in the recently passed G...
Aug, 14, 2025
2 min read
by CryptoSlate

GENIUS Act Bombshell? Banking Groups Demand Stablecoin Interest Loophole Close Before Cash Flees
Major U.S. banking trade groups are calling for Congress to block stablecoin issuers and affiliated firms from paying interest to token holders, wa...
Aug, 13, 2025
3 min read
by Cryptonews

US Banking Groups Push to Close Stablecoin Yield ‘Loophole’
US banks have warned that a gap in the GENIUS Act could allow issuers to skirt restrictions on paying interest to holders.
The post US Banking Grou...
Aug, 13, 2025
3 min read
by Cryptonews