The crypto industry's stablecoin operations, such as the arrangement between issuer Circle and leading exchange Coinbase, could be under serious pressure in the U.S....
In brief
The OCC opened a 60-day comment period on draft rules implementing the GENIUS Act.
The proposal prohibits anyone other than a “permitted payment stablecoin...
The United States National Credit Union Administration (NCUA) has proposed its first rules under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS)...
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, the issuer of USDt — the largest stablecoin by market capitalization — has officially launched USAt, a US dollar-pegged stablecoin built specifically to...
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....
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, an independent investment firm led by Binance founder Changpeng Zhao, has invested in onchain trading terminal Genius Trading, highlighting growing investor attention...
