Tag: Genius

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Fed Sets Out Stablecoin Rules Under GENIUS Act

The Federal Reserve has proposed capital, redemption and other regulatory requirements for stablecoin issuers under its supervision as it moves to implement the GENIUS...

OCC head promises final GENIUS rules by November

The US banking regulator released a 376‑page proposal in February, calling for public comment on rules to implement the stablecoin bill ahead of its...

US Treasury Moves Forward with Rules on GENIUS Act After July Deadline

The US Department of the Treasury issued a notice of proposed rulemaking related to the implementation of the Guiding and Establishing National Innovation for...

US, UK Deepen Crypto Regulatory Coordination After GENIUS Act

Latest NewsPublishedAug 4, 2026In a July 8 meeting, US and UK regulators highlighted the implementation of the GENIUS Act, payment modernization and cross-border cooperation,...

The GENIUS Act turns 1: State of Crypto

A year on, the rules aren't quite ready for implementation, but we have a much clearer idea as to how the regulators are thinking...

US Agencies Miss GENIUS Act Deadline for Final Stablecoin Rules

US regulatory agencies missed Saturday’s rulemaking deadline under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, one year after the law...

U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule

These standards, according to the rule proposal, "must include reasonable procedures for: (1) verifying the identity of any person seeking to open an account...

Senators Urge Treasury Ensure State Authority in GENIUS Rules

A bipartisan group of US senators led by Republican Senator Cynthia Lummis has urged the Treasury to ensure that state authorities are given the...

U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process

State regulators got sidelined in the U.S. Department of the Treasury's effort to implement the new U.S. stablecoin law, according to several senators from...

Anchorage Requests Treasury Clarification on GENIUS Act AML Rules

Anchorage Digital, a federally chartered crypto bank and stablecoin infrastructure provider, has submitted a public comment letter supporting the US Treasury Department’s proposed Anti-Money...

Hyperliquid, Paradigm Urge FinCEN Revise GENIUS Rule

The lobbying arm of crypto futures exchange Hyperliquid and venture capital firm Paradigm has urged the US Treasury to revise a proposed anti-money laundering...

U.S. Congress returns as GENIUS comments periods close, jobs report: Crypto Week Ahead

The first week of June may turn crypto's 2025 policy wins into hard deadlines. Comment periods for the GENIUS Act's stablecoin rules start closing...