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Category GENIUS Act

U.S. SEC Shares Vision to Make America the Crypto Capital of the World: Here is How

U.S. SEC Shares Vision to Make America the Crypto Capital of the World: Here is How

Paul Atkins’ Project Crypto aims to modernize SEC rules for digital assets, covering token issuance, stablecoins, and blockchain services. The SEC...
US banks warn of $6.6 trillion shift to stablecoins amid GENIUS Act debate

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...
GENIUS Act Bombshell? Banking Groups Demand Stablecoin Interest Loophole Close Before Cash Flees

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...
US Banking Groups Push to Close Stablecoin Yield ‘Loophole’

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...
US GENIUS Act sparks stablecoin boom with record $1.5 trillion transaction volume in July

US GENIUS Act sparks stablecoin boom with record $1.5 trillion transaction volume in July

The total on-chain stablecoin transaction volume surged to a new all-time high of $1.5 trillion in July, marking a significant milestone in the sec...