Tag: Genius

spot_img

NCUA Suggests GENIUS Act Rules for Credit Union Stablecoin Issuers

The United States National Credit Union Administration (NCUA) has proposed its first rules under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS)...

NY Prosecutors Raise Alarm over GENIUS Act on Fraud: Report

Several New York district attorneys have reportedly warned about the US federal stablecoin law, the GENIUS Act, claiming it fails to adequately address fraud.According...

Tether Launches USAt Stablecoin Under GENIUS Act

Tether, the issuer of USDt — the largest stablecoin by market capitalization — has officially launched USAt, a US dollar-pegged stablecoin built specifically to...

Tether Unveils USAT Stablecoin for US Institutions Under GENIUS Act Rules

Tether has formally launched USAT, a dollar-backed stablecoin issued under the United States’ new federal stablecoin framework and designed exclusively for the domestic market....

What the GENIUS Act Was Meant to Stop—and the Stablecoin Loophole Banks See

Key takeawaysThe GENIUS Act was designed to keep stablecoins as payment tools rather than savings products. As a result, it bans issuers from paying...

YZi Labs Backs Genius as Trading Shifts Onchain

YZi Labs, an independent investment firm led by Binance founder Changpeng Zhao, has invested in onchain trading terminal Genius Trading, highlighting growing investor attention...