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Category GENIUS Act

Fed Chair Warsh: No Bailout for Crypto Industry in Crisis

Fed Chair Warsh: No Bailout for Crypto Industry in Crisis

Bitcoin Magazine Fed Chair Warsh: No Bailout for Crypto Industry in Crisis Federal Reserve Chair Kevin Warsh said the Fed will not bail out failing...
GENIUS Act deadline puts stablecoin issuers on the clock

GENIUS Act deadline puts stablecoin issuers on the clock

July 18 is not a user cutoff, but it forces regulators to define which permitted, foreign, and state-qualified issuers can operate cleanly in the U...
Stablecoin regulation converts issuers into psuedo-banks while adding a barrier to entry for smaller players

Stablecoin regulation converts issuers into psuedo-banks while adding a barrier to entry for smaller players

Three federal agencies have proposed rules that would make stablecoin issuers operate like banks. The Treasury wants them to run anti-money-launder...
XRP Enters Traditional Banking As SBI Shinsei Unveils New Pilot Program

XRP Enters Traditional Banking As SBI Shinsei Unveils New Pilot Program

The relationship between traditional banking and digital assets continues to evolve as SBI Shinsei Bank prepares to launch a pilot program to integ...
Treasury Stablecoin Proposal Draws Major Warning From Hyperliquid Policy Center–Here’s Why

Treasury Stablecoin Proposal Draws Major Warning From Hyperliquid Policy Center–Here’s Why

The Hyperliquid Policy Center (HPC), together with venture capital firm Paradigm, submitted a joint comment to the US Treasury on Tuesday, urging t...