GENIUS Act

Highlights: Community banks warn that stablecoin rewards could reduce deposits used for local loans. Lawmakers are under pressure to clarify the GENIUS Act rules on stablecoin rewards. Crypto groups have disputed bank concerns as Congress reviews crypto market structure rules. […]

Highlights: PwC launches comprehensive crypto services in the U.S., covering audits, taxes, and consulting. Trump’s GENIUS Act and clearer regulations push Big Four firms deeper into digital assets. New clients and senior hires show PwC’s commitment to stablecoins and tokenized […]

Highlights: Brian Armstrong vowed that Coinbase would resist reopening the GENIUS Act, calling it a red line. Max Avery warned banks fear losing deposits, pushing lawmakers against stablecoin rewards. Armstrong predicted banks will eventually support stablecoin yields once profit opportunities […]

Highlights: FDIC has set a clear path for banks to apply for stablecoin approval under a new framework this year. Banks must submit detailed applications covering governance and controls under the FDIC safety standards. FDIC expects limited early participation, while […]

Highlights: FDIC is planning a draft rule that will set clear steps for stablecoin issuers seeking federal oversight. The GENIUS Act stablecoin rules will guide agencies as they align oversight duties and shape early policy decisions. Regulators are working together […]

Highlights: Banks want to stop stablecoin rewards, but Coinbase says this unfairly targets crypto.  Coinbase rejected banks’ GENIUS Act interpretation, saying it wrongly limits stablecoin payment use. Treasury warned stablecoins could shift over $6.6 trillion from banks. A new clash […]

Highlights: Coinbase seeks narrow GENIUS Act rules to protect developers and open-source platforms. Stablecoins should be treated as cash equivalents for tax and accounting. Excessive regulation may hinder U.S. leadership in digital finance. Crypto exchange Coinbase has responded to the […]

Highlights: Canada plans new stablecoin rules to protect users and improve digital money safety. Bank of Canada will manage new rules, spending $10 million over two years. Experts say new laws could help Canada lead in faster, safer crypto payments. […]

Highlights: Canada speeds up stablecoin rules after $126 million crypto anti-money laundering fine. Officials aim to clarify regulations as the U.S. already sets stablecoin standards. Delays risk Canadian investors shifting to U.S. stablecoins, weakening local financial control. Canada is moving […]

Highlights: The 2025 State of Crypto report shows stablecoins processed $46 trillion last year. The report says big banks like JPMorgan and Visa joined crypto, helping Web3 grow. a16z reveals growing daily use of blockchain among millions of crypto users. […]

Highlights: Wise hires a digital asset product lead to explore stablecoin use and expand its global payment services. Fintech firms are adopting stablecoins for faster cross-border transactions and improved financial access. Wise is eyeing stablecoin growth as global fintech firms […]

Highlights: North Dakota plans to launch Roughrider Coin to modernize payments and support local banks. Roughrider Coin is backed by the U.S. dollar and aims for secure, fast, and efficient transactions. State-owned bank partners with Fiserv to bring blockchain innovation […]